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Pubs & Taverns

Station Hotel and Motel

26-32 Coronation Street, Kurri Kurri, NSW

Pubs & Taverns

Station Hotel and Motel

26-32 Coronation Street, Kurri Kurri, NSW

SOLD

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PROPERTY FEATURES
  • Regional heritage hotel and motel situated on a 2,272sqm* corner block (2 titles) with expansive main street exposure
  • Pub features: public bar, bistro, commercial kitchen, beer garden, 11 pub style accommodation rooms and function space. Well suited to alternate use such as restaurant, café, function centre or additional accommodation
  • Motel features: 17 well-appointed ensuited motel rooms, manager’s residence and 16 on-grade car parks, on a separate title
  • Total accommodation revenue FY2023: $555,831* with Vendor reported profits of $334,175*
  • Exceptionally strong occupancy rate sitting at circa 86%*
  • Future divestment flexibility being situated across two separate titles
  • 1 of only 3 pubs in town servicing over 6,000* residents
  • Located within close proximity to both the wider Hunter Valley wine and tourism region, with over 1.4 million* annual overnight stays and the Hunter Valley mining region and which generates $3.7 billion* annually
  • Kurri Kurri is set to benefit enormously from the proposed $600m* federally funded, gas-fired power station. See: https://infrastructurepipeline.org/project/kurri-kurri-power-station
* Approx.

Agent Details

HTL-Property-Xavier-Plunkett

Pubs

Xavier Plunkett

Investment Sales

PUBS

Ben Kennedy

Hotel Investment Sales

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