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Hotel Features: Public bar, bistro, function space, 13 pub rooms, Gaming Room with 15 Poker Machine Entitlements
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Highly desirable Northern Rivers locality presenting both economic and lifestyle opportunities
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748m2* Main Street allotment located in Grafton’s commercial core
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Immaculately presented hotel with over $1,000,000 in capital improvements in the past two years
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$55,000* in weekly revenues: $15k* Bar, $15k* Food, $23K* Gaming
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15 Band 3 PME’s (in-situ worth $3.9m+*, divestment value $3.12m+*)
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Scope to improve gaming through improved rear-lane access (STCA), improved signage, hardware upgrades and gaming-centric promotion
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Up #300 places in OLGR rankings in past 3 years (Sept 17- Sep 20)
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Increased profitability through basic wage and cost control
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First time to market after 40 years* of continuous ownership