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AUSTRALIA HOTEL

» AUSTRALIA HOTEL
136 Wollombi Road, Cessnock, NSW, Australia
  • Suburban freehold going concern hotel with strong potential gaming upside
  • Situated on a 1,672sqm* corner block with good street frontage and 20* off-street car parks
  • Spacious main bar area with TAB and Keno
  • Brand new purpose-built alfresco gaming room (completed early Nov-18) with 14 PME’s and SIA to increase to 20 PME’s
  • Average weekly gaming revenue $24,040* inc GST post gaming room renovation (1st Nov 18 – 28th Feb 19)
  • Gaming revenue of $1,717* inc GST per machine/per week post gaming room renovation (1st Nov 18 – 28th Feb 19)
  • Located 2 hours* drive to the CBD and 55 minutes* to Newcastle
  • The venue enjoys large exclusive catchment of potential customers with low competition from other hotels

* approx

For sale by Expression of Interest closing Thursday 4th April 2019 at 4pm

 


 

 

 

 

 

 

 

 

 

 

 

 

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