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Pubs & Taverns

Australia Hotel

136 Wollombi Road, Cessnock, NSW

Pubs & Taverns

Australia Hotel

136 Wollombi Road, Cessnock, NSW

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Key investment considerations include:

  • Suburban freehold going concern hotel with strong potential gaming upside
  • Situated on a 1,672sqm* corner block with good street frontage and 20* off street car parks
  • Spacious main bar area with TAB and Keno
  • Brand new purpose built alfresco gaming room currently with 14 PME’s (SIA 20)
  • Average weekly gaming revenue $24,700 inc GST* post gaming room renovation (1st Nov 18 – 5th Feb 19)
  • Gaming revenue of $2,058 inc GST* per machine/per week post gaming room renovation (1st Nov 18 – 5th Feb 19)
  • Located approximately 2 hours drive to Sydney CBD and 55 minutes to Newcastle
  • Enjoys large exclusive catchment of potential customers with low competition from other hotels

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