Hotel Metropole

•  Entry level Hotel located in Northern Rivers Region with genuine upside and development potential (STCA)
• 11 pub style rooms 100% leased at $130,000 PA to The Casino Food Co-Op on a newly formed lease commencing 15th April 2024
• Weekly revenues ~$54,000 per week with immediate upside via events and utilisation of 3am closure
• Excellent outdoor entertainment/ dining areas with vibrant rooftop balconies and beer garden
• Substantial 1,590 sqm* site with large, underutilised car park, ripe for sub-division, development or expansion of trading footprint
• Exceptionally designed and renovated providing a turnkey solution with minimal capex required
• Prominently located in epicenter of Lismore CBD with enormous frontage spanning ~130 metres, spread across three sides

*Approx.

Closing

30 May, 2024 at 3PM