Railway Hotel Armidale

HTL Property is delighted to offer for sale the Freehold Going Concern in the Railway Hotel, Armidale.

Key investment considerations include:

• Full format pub with public bar, commercial kitchen, bistro, TAB, freestanding bottle shop, gaming room
• 13 highly valuable, Band 2, Armidale LGA Poker Machine Entitlement’s worth ~$400,000 each (in-situ value of $5,200,000)
• Large land holdings of circa 2,519sqm* with 40m of street frontage & dual access from both Rusden Street and Wests Ave
• Surplus land holdings with existing Development Approval (DA-108-2021) for freestanding motel with 16 Rooms
• Very favorable 3am trading permitted on licence
• Closest hotel to the large Armidale Base Hospital and Armidale TAFE
• Significant education base, both multiple state and exclusive schools plus highly regarded University of New England
• Large regional centre with strong employment opportunities. Major employers in the region include the Armidale Hospital, University of New England, TAFE, regional council, banking, and agriculture sector
• Significant upside on offer for a more hands-on operator. Currently run under management by Sydney-based fund.

The Hotel is being offered as a Freehold Going Concern via expressions of Interest closing Thursday May 1st 2025. Inspections will be conducted at the Hotel strictly by appointment only.

*Approx.

Closing

1 May, 2025 at 4PM