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Pubs & Taverns

Billy Barry’s Hotel

32 Walker Street, North Sydney , NSW

Pubs & Taverns

Billy Barry’s Hotel

32 Walker Street, North Sydney , NSW

EXPRESSION OF INTEREST |
Closing: 17 April 2025, 4PM

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  • Tightly held gaming centric leasehold within the North Sydney CBD – ‘hard asset’ value via licence and gaming machine ownership
  • Predictable and profitable cashflow generating ~$7,000,000* (ex GST) in annual revenues across bar, bistro, gaming and other
  • Delivering $143,341* (ex GST) in weekly revenues for H1 F25 – 55.46%* of this business mix derived by gaming department
  • Current base rent of ~$507,000* + GST which represents well below market rent ie 26.1%* of EBITDAR
  • 2am liquor licence with 27 x gaming machines – scope to increase gaming machine holding to 30 given green zone SA2
  • Average ILGA gaming ranking of #304 over the last 12 months consistently ranked as the 3rd highest performing pub within the North Sydney LGA
  • Sale of the leasehold includes tenants ownership of the liquor licence and 27 x gaming machine entitlements – held-together in-situ value of $10,125,000*
  • Efficient two level trading footprint and ‘pound for pound’ one of the strongest performing pubs within the North Sydney CBD & wider LGA
  • Literally across the road from the North Sydney train station – Sydney’s 11th busiest train station with 54,000* passenger movements every day

*Approx.

Closing

17 April, 2025 at 4PM

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