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Pubs & Taverns

Royal Hotel

88 Wynyard Street, Tumut, NSW

Pubs & Taverns

Royal Hotel

88 Wynyard Street, Tumut, NSW

Private Treaty

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Top #600 OLGR Gaming Venue in Expanding Regional Centre

  • Highly profitable venue, producing $2,850,000* in annual revenue, run under management.
  • Currently showing circa $800,000* after vendor provided add-backs.
  • Enormous $4-5 billion* infrastructure and development pipeline for the immediate region. Expected 7-10 year* ‘super-profits’ period with Snowy 2.0.
  • Full-format hotel features: Pubic bar, bistro, commercial kitchen, gaming room with 13 PME’s, 12 pub rooms, 11 freestanding motel rooms, manager’s residence.
  • Expansive 3,250sqm* main street allotment with rear car parking and dual street access.
  • Large well-compensated, blue-collar worker base with major employers; Snowy Hydro, Visy Pulp and Paper Mill, AKD Sawmill.
  • Consistent gaming performer: (#611 – OLGR Rankings Dec Quarter 2018), (#620 – 2-year average) circa $17,000* a week in gaming revenue in proven gaming town.
  • Upside in gaming, accommodation and local economic and demographic drivers.

FOR SALE BY PRIVATE TREATY

* Approx.

Agent Details

Pubs

Xavier Plunkett

Investment Sales

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