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Pubs & Taverns

Museum Hotel

70 Wilson Street , West Wallsend , NSW

Home Assets For Sale Pubs & Taverns Museum Hotel

Pubs & Taverns

Museum Hotel

70 Wilson Street , West Wallsend , NSW

EXPRESSION OF INTEREST |
Closing: 21 August 2025, 4PM

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  • Blank Canvas Opportunity: The asset presents as a rare blank canvas accompanied by 10 highly valuable Poker Machine Entitlements (PMEs), offering substantial potential to re-establish a trading hotel operation within the rapidly expanding Lake Macquarie and Western Newcastle corridor.
  • PME Acquisition Play: The offering represents a compelling poker machine entitlement acquisition opportunity for both existing operators and greenfield opportunities within the Lake Macquarie LGA.
  • Strong Passive Return: Currently producing circa $266,000 p/a* in passive rental income from the lease of the property and the PMEs
  • Significant In-Situ Entitlement Value: Comprising 10 x Band 2, Poker Machine Entitlements, each with an estimated in-situ value of ~$400,000*, equating to a total entitlement value of approximately $4,000,000*.
  • Prominent Corner Landholding: Substantial 662sqm* site positioned on a high-exposure corner, benefitting from over 52 metres* of combined street frontage to Laidley and Wilson Streets.
  • Hotel Includes: a public bar, commercial kitchen, bistro area, gaming room, six accommodation rooms, and a two-bedroom manager’s residence.
  • Located within a Major Growth Precinct: Situated within a key Western Newcastle /Lake Macquarie growth precinct underpinned by ongoing infrastructure investment, with local residential property values increasing at a compound annual growth rate of 10.6%*.
  • Flexible Investment Profile: Suitable for a range of investment strategies including operational reactivation, redevelopment, passive holding, or licence and entitlement transfer.
* Approx.

Closing

21 August, 2025 at 4PM

Agent Details

PUBS

Ben Kennedy

Hotel Investment Sales

0419 425 287 Contact Ben

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