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Pubs & Taverns
2 St Marks Road, Randwick, NSW

Private Treaty

Duke of Gloucester Hotel

HTL Property is delighted to offer for sale the freehold going concern interest in the Duke of Gloucester Hotel, Randwick.

  • Key investment considerations include:
  • Landmark Eastern Suburbs pub and rare trading opportunity
  • Well-balanced business mix with massive cash flow – circa $8 million per annum
  • 2am liquor licence – Wednesday to Saturday (currently underutilised)
  • Ranked #425 on Dec-18 OLGR gaming rankings
  • 19 EGM’s with immediate scope to increase machine holding (SA2 Green Zone)
  • Expansive two level trading footprint with multiple outdoor areas
  • Large patron catchment and limited surrounding competition
  • 746sqm* site – solid underlying land and building value
  • Recent multi-million dollar renovation, reconfiguration and refurbishment
  • Diminishing availability of AAA Sydney pubs – quality stock tightening up

For Sale by Private Treaty

*Approx.

Building Area

land Area

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