Australia Hotel

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