Bank Hotel, East Maitland

HTL Property is delighted to present for sale the freehold going concern interest in the Bank Hotel, East Maitland.

Key investment highlights include:

• Freehold going concern hotel perched on a 2,346sqm* block with 40* off-street car parks
• Features bar, bistro, gaming room with 12 EGM’s, beer garden and spacious first floor function room with bar and amenities
• Obvious gaming upside – average hardware, only 5 gaming machines currently in smoking solution
• Located in strong gaming LGA, only 850m* from a top 250 gaming hotel
• Licensed to 3am (Thursday – Saturday)
• Maitland LGA has a population of over 77,000 residents and is located 32km* to Newcastle and 165km* to Sydney
• Situated in ‘Maitland East’ SA2 area – Band 1/Green Zone

*Approx.

For Sale by Expression of Interest Closing Thursday 4th July 2019 at 4pm