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Pubs & Taverns

The Australian Hotel, Nowra

2 Kinghorne Street, Nowra, NSW

Pubs & Taverns

The Australian Hotel, Nowra

2 Kinghorne Street, Nowra, NSW

EXPRESSION OF INTEREST |
Closing: 14 March 2024, 4PM

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  • Annual revenues of ~$6,000,000 across bar, bistro, gaming, wagering and retail liquor
  • 26 x gaming machines – ranked #487 for Dec-23 quarter
  • 1am liquor licence – Monday to Saturday with 12:00 midnight trading approval on Sunday
  • Recent DA Approval for a destination gaming room – increased size, better access, direct service point, private and discreet entrance off the car park etc
  • Strategically situated in heart of the Nowra CBD – adjacent ALDI, Coles and Woolworths
  • One of only two pubs within the Nowra CBD and on the northern side of the Shoalhaven River
  • 2,665 sqm* site with favourable redevelopment metrics (E2 Commercial Core zoning and a 20m height approval)
  • 14 x accommodation rooms and manager’s residence currently dormant
  • Outstanding macro investment fundamentals with only five hotels servicing a population of 38,239* in the Nowra – Bomaderry catchment
  • Several large scale infrastructure projects and greenfield land releases including Badagarang – new 425 hectare* suburb that will provide an additional 3,500* homes

*Approx.

Closing

14 March, 2024 at 4PM

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