Highly desirable diversified trade mix with weekly revenues of $190,000*
Asset sits atop a significant 3,180m2 corner property holding with water views and dual street access
Favourable lease terms, with 18* years remaining in total
18 ensuited motel-style rooms including two bedroom penthouse apartment
Asset is proximate to some of Coastal NSW’s most profitable and highest performing venues: Bull and Bush Hotel, Medowie; Salamander Hotel, Salamander Bay; Shoal Bay Country Club, Shoal Bay; and Lakeside Village Tavern, Raymond Terrace
Rare opportunity in a very tightly held coastal market
18 x Gaming Machine Entitlements with latest hardware
Port Stephens LGA has a 2024 population of ~78,900*, projected to grow to ~93,600* by 2041
Prime Location – Situated in the Heart of Nelson Bay commercial core, the hotel is adjacent to d’Albora Marinas Nelson Bay, Nelson Bay Wharf and local shopping precincts