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Pubs & Taverns

Good Intent Hotel

65 Armidale Street, South Grafton, NSW

Pubs & Taverns

Good Intent Hotel

65 Armidale Street, South Grafton, NSW

Sold

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Property features:

  • South Grafton’s only ‘Suburban’ hotel offering
  • Demonstrable gaming opportunity:- Up #150 in recent OLGR rankings with 6 game upgrades
    – 15/15 PMEs in non-smoking, obvious smoking solution evident
    – No Cash Redemption Terminal (CRT), Ticket In Ticket Out (TiTo) only recently installed
    – Excellent gaming demographics
    – Access to additional PME’s possible (contact agent for details)
    – 15 Band 3 PME’s
  • Large property holdings, 50* car parks, large underlying land value
  • Enormous and continued local public infrastructure spending
  • Proximate to many blue-collar jobs in Grafton’s industrial zone
  • Closest pub to Australia’s largest and most expensive prison (1700+* inmates, 600* permanent jobs)
  • Lack of meaningful competition: South Grafton only has 31 Pub PME’s of which you own 15 PME’s
  • Scope to increase revenue with bottle shop, food and short-stay accommodation (S.T.C.A.)

For Sale by Private Treaty

*Approx.

Agent Details

Pubs

Xavier Plunkett

Investment Sales

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