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Pubs & Taverns

Riverview Hotel

898 - 904 Princes Highway, Tempe, NSW

Pubs & Taverns

Riverview Hotel

898 - 904 Princes Highway, Tempe, NSW

Expression of Interest |
Closing: 27 July 2023, 12PM

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  • Large format suburban hotel with genuine and tangible business/redevelopment upside
  • Strategic 1,960 sqm* site with high traffic exposure and B6 Enterprise Corridor zoning
  • Recent DA approval for a new pub with adjoining an 37 x room accommodation hotel
  • Currently generating passive rent of $132,000 + GST gross per annum – on a month to month lease with scope to take over the operation and reposition as a suburban gaming venue
  • 3am liquor licence with rare 12:00 midnight trading approval on Sundays
  • Surrounding pub competitors all boast large bar, food, gaming, wagering and retail liquor revenues
  • Expansive trading footprint with large patron capacity and 14 x first floor accommodation rooms
  • Close proximity to the Sydney Airport with surrounding suburbs include Arncliffe, Banksia, Earlwood, Marrickville, Sydenham & Mascot
  • Closest hotel to Frasers Property Discovery Point Park precinct – 1,929* apartments and 3,500* residents

*Approx.

Closing

27 July, 2023 at 12PM

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