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Pubs & Taverns

Port Macquarie Hotel

8 Horton Street , PORT MACQUARIE , NSW

Pubs & Taverns

Port Macquarie Hotel

8 Horton Street , PORT MACQUARIE , NSW

EXPRESSION OF INTEREST |
Closing: 25 May 2022, 12PM

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  • Landmark 2,878sqm* freehold going concern trading opportunity strategically situated within Port Macquarie CBD
  • Strong, diversified and growing annual revenues, currently in excess of ~$13,300,000, plus an additional ~$140,000 PA in rental from the Town Green Buffet and Bar
  • ~$2.5m renovation and reconfiguration completed in April 2021 – currently ranked #169 for the Mar-22 quarter and climbing
  • Compelling population per pub ratio – PMQ Urban Area has an estimated population of 44,814* residents and is serviced by only four hotels
  • Immediately adjacent Port Central Shopping Centre – the premier retail destination within PMQ with anchor tenants such as IGA, Chemist Warehouse & Target plus 60* other specialty retail stores
  • 2am Hotel Licence with 30 GME’s plus 20 first floor accommodation rooms
  • Compelling growth and demand drivers for Port Macquarie-Hastings LGA – Airport, Hospital, University Tourism and Sovereign Hill mixed-use master planned community
* Approx.

Closing

25 May, 2022 at 12PM

Agent Details

Pubs

Daniel Dragicevich

National Director

HTL-Property-Andrew-Jolliffe

HTL

Andrew Jolliffe

Managing Director

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