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Pubs & Taverns

Alexandra Hotel

62 Great Western Highway, Leura , NSW

Pubs & Taverns

Alexandra Hotel

62 Great Western Highway, Leura , NSW

Expression of Interest |
Closing: 7 April 2021, 4PM

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  • Hotel Features: attractive Federation-style hotel building with public bar, restaurant, private dining room, lounge bar, commercial kitchen, 9 lettable accommodation rooms, modern gaming room with 18 valuable poker machine entitlements
  • Prominent 3,718m2* allotment on major arterial road with circa 50 car parks on title
  • Desirable Blue Mountains location in close proximity to greater Sydney
  • Balanced revenue streams. weekly figures; bar $31,455*, bistro $26,007*, gaming $24,677* representing circa $1,000,000* in annual net profit
  • Further gaming upside will come from; continued upgrading of gaming hardware, reconfiguration of the room and possible acquisition of more PME’s (subject to LIA approval)
  • Hotel has been the fastest improving hotel in the Blue Mountains LGA, up 270 places in the OLGR gaming rankings in the past 3 years
  • Lack of meaningful competition as the only hotel with gaming in Leura
  • Opportunity to capitalise on the enormous increase in domestic tourism numbers due to international travel restrictions
  • The property has seen in excess of $1,250,000* in capital works in the past 18 months

*Approx.

Closing

7 April, 2021 at 4PM

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