Five Islands Hotel

• Profitable business mix with recent weekly revenues in excess of 135k per week
• Predictable cash flow with stable and secure income across bar, bistro, gaming, wagering and accommodation
• 24 hour liquor licence with 22 x gaming machines attached – strong profit per machine metrics
• Has consistently traded with an average ranking of #325 since reopening – situated within the highly lucrative gaming catchment and surrounded by several high performing gaming rooms
• Ownership profile of Wollongong LGA hotels includes some of the largest gaming operators in the state – Marlow Hotel Management, O’Hara Hotels, Endeavour Group, Redcape, Oscar’s Hotels etc
• Recent $2.5 million* renovation, reconfiguration and refurbishment – limited capex to be spent
• 2,314 sqm* site strategically positioned between coastal centres of Wollongong and Warrawong
• 21 x well appointed pub style accommodation rooms plus on-site car park

*Approx.