Added 5 days ago
Riverina Hotel, Holbrook, 131-133 Albury Street,
Holbrook, NSW 2644
Hotel, Motel & Leisure
Added 5 days ago
Price information
Sale
Leasehold - $875,000
Key property information
Floor area
Tenure type
Private inspections
to arrange a private inspection.
Map of Riverina Hotel, Holbrook, 131-133 Albury Street
Bus stops within 5 km of Riverina Hotel, Holbrook, 131-133 Albury Street, Holbrook, NSW 2644 Distance Westpac Bank Hume Hwy Holbrook NSW 288 m Holbrook 2.8 km POWERED BY HERE ©
POWERED BY HERE ©
LEASEHOLD - Riverina Hotel, Holbrook NSW - 1P0450
Rare opportunity to acquire a high turnover gaming hotel business!
Key Features:
* New lease offered to market direct from the landlord
* 5 GME on the floor within gaming room with smoking solution
* Gaming room upgraded (TITO & CRT)
* Additional & multiple income streams across food, beverage, bar & functions
* 18 x well-presented upstairs accommodation rooms
* Quality plant & equipment
* Competitive terms on offer
* Buyers yield of 35.5%
* GME threshold of 11 available to fill quota prior to 2026
* In final stages of DA approval for caravan park development providing further
upside to expand and further drive revenue
* Very well-maintained venue with new carpets and flooring throughout
* Currently operating under management with a strong and developed team in
place
Contact Dan McDonald, the Exclusive Agent, direct at MHB for further information.
Key Features:
* New lease offered to market direct from the landlord
* 5 GME on the floor within gaming room with smoking solution
* Gaming room upgraded (TITO & CRT)
* Additional & multiple income streams across food, beverage, bar & functions
* 18 x well-presented upstairs accommodation rooms
* Quality plant & equipment
* Competitive terms on offer
* Buyers yield of 35.5%
* GME threshold of 11 available to fill quota prior to 2026
* In final stages of DA approval for caravan park development providing further
upside to expand and further drive revenue
* Very well-maintained venue with new carpets and flooring throughout
* Currently operating under management with a strong and developed team in
place
Contact Dan McDonald, the Exclusive Agent, direct at MHB for further information.
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If you'd like to inspect this property in person, please to arrange a private inspection.
Additional information
External websites
Property ID: 504673544Last Updated: 28 Aug 2024
04378383...
Riverina Hotel, Holbrook, 131-133 Albury Street
Holbrook, NSW 2644
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ALBURY, NSW 2640
ALBURY, NSW 2640
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