Click here to share this article with a friend

<< Back to Pub Real Estate Listing

TATTERSALLS HOTEL

» TATTERSALLS HOTEL
  
Cnr Station Street & Union Lane, Penrith, NSW, Australia 2750
  • Average weekly gaming – $388,001 (turnover) and $34,388 (net profit) YTD F17
  • Strong gaming growth – turnover (24%+) and net profit (19%+) YTD F17
  • 3am liquor licence with rare ‘early opener’ flexibility
  • Currently operated under ‘remote’ management – owner operator efficiencies
  • Long lease with market rent and excellent terms – 10 + 5 + 5
  • Next door to Union & Judges car parks with combined 974 space capacity – limited parking within Penrith CBD with plans to ‘deck’ Union Street car park (additional 1,000 spaces)
  • Centrally located within the Penrith CBD and proximate to Westfield and train station – $50 million upgrade to create transport interchange
  • Penrith CBD set to explode with increased building heights, FSR ratios and flexible zoning
  • Huge growth and demand drivers for Penrith LGA – Sydney’s fastest growing precinct with $3 billion in pipeline projects i.e. Thornton development

 

 

 

 

 

 

 

 

 

 

 

 

 

..