Property Details Return to Listings

Pubs & Taverns
208 Banna Avenue, Griffith, NSW

Sold

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.

Building Area

land Area

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Ophir Tavern Sold Details