Area Hotel

HTL Property is delighted to offer for sale the freehold going concern interest in the Area Hotel, Griffith.

Key investment considerations include:

• Under the same ownership since 2004 – 15 years
• Well-balanced revenue mix – generating $4.5 million* per annum
• 3am liquor licence – seldom traded past 1:00am
• 23 poker machines – only 12/23 currently comprised within a smoking solution
• Ranked #367 for Dec-18 quarter in OLGR’s gaming rankings
• Fourth best gaming room in the entire Riverina region
• Large 1,291sqm* site located within the main commercial/retail precinct of Griffith
• Strong growth and demand drivers for Griffith LGA i.e. airport, hospital, agriculture etc.
• Current population of 27,764* with only five pubs – excellent pub per capita ratio

* Approx.