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Pubs & Taverns

Delany Hotel

134 Darby Street , Cooks Hill, NSW

Pubs & Taverns

Delany Hotel

134 Darby Street , Cooks Hill, NSW

FOR SALE

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  • Large 1,685sqm* Freehold Going Concern Hotel strategically positioned within the popular Cooks Hill entertainment precinct and in the heart of the current construction boom between Newcastle and Newcastle West
  • Situated on the busy arterial road of Darby Street, enjoying excellent exposure
  • Current weekly revenues of ~$200,000 across bar, gaming, wagering, bistro and retail liquor
  • ILGA approved 2am liquor licence with 6 hour gaming shutdown – currently only trading to midnight
  • 22 x gaming machines – scope to increase to allowable holding of 30 machines – #536 in Jun-22 gaming rankings
  • Adjoining rear council car park comprising ~50 spaces
  • $160m* Wests Group redevelopment at 309 King Street includes two 14 storey mixed use buildings consisting of a 144 bed seniors aged care facility, 82 seniors independent living units and 166 general residential apartments, along with ground floor cafes, restaurants and a medical facility with underground parking for 286* cars
  • 5 unutilised motel style accommodation rooms on first floor
  • Recent $2.5m* renovation to gaming room and public bar
  • Luchetti Krelle plans to reinvigorate the ground floor bistro and first floor area
* Approx.

Agent Details

Pubs

Daniel Dragicevich

National Director

HTL-Property-Andrew-Jolliffe

HTL

Andrew Jolliffe

Managing Director

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