Pubs & Taverns
Empire Hotel
103A Parramatta Road, Annandale, NSW
Subject to Exclusive Dealing Period
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- Prominent three level hotel and adjoining commercial building
- Well balanced & diverse income streams generating annual revenues of ~$3,700,000*
- 3am liquor licence (Thursday to Saturday)
- 19 x gaming machines – ranked #623 for Sep-25 quarter
- Immaculate presentation – has undergone an extensive renovation and refurbishment
- Imposing 803 sqm* site with long frontages to both Parramatta Road and Johnston Street
- Recently completed 21 x upmarket accommodation rooms with ensuites and shared lounge areas
- Passive income derived from commercial tenancy (currently vacant) & telecommunications tower lease
- Strategically positioned to capitalise upon the forecast 8,000* new dwellings between Camperdown & Leichhardt under the Parramatta Road Corridor Urban Transformation Strategy
Being sold on behalf of Jonathan Henry, Kathy Sozou & Damien Pasfield of McGrathNicol in their capacity as Joint & Several Receivers & Managers
*Approx.