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Pubs & Taverns

Area Hotel

208 Banna Avenue, Griffith, NSW

Pubs & Taverns

Area Hotel

208 Banna Avenue, Griffith, NSW

Sold

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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.

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