Verandah

• 29 year lease (inc. options), over 1000m2* allotment with Castlereagh and Elizabeth Street frontages
• Licenced hotel (3am) with bars, function spaces, large outdoor areas
• Separate upmarket restaurant and wine bar with huge upside opportunity
• High performing gaming room, 20 EGMs (1 PMP, 19 PMEs owned by Lessee), avg net per week $57,893* for FY16
• Revenue $7.112million p.a.* for FY16, physically contracting competitor base
• Thriving dining and entertainment precinct, below 60 Castlereagh

For Sale (Leasehold) by Expression of Interest Closing:
Thursday 16 March 2017 at 4:00PM (unless sold prior)

*Approximate