Located in Grafton northern NSW is the well established Jacaranda Hotel or as locals know it - The Jaca.

The Jaca is being offered for sale on a leasehold basis offering the following to any prospective purchaser:
* 2 separate bar areas
* Full TAB & Keno facilities
* Commercial kitchen and dining area
* 6 poker machines
* 11 accommodation rooms + a bunk room.
* 2 bedroom & 2 bathroom managers flat
* Two huge beer gardens
* Massive carpark

The current lease doesn't expire until Jan 2021 and has a further 2 x 3 year options.

Currently showing decent gross weekly income and lends itself perfectly to a husband and wife team to generate a very healthy income for themselves.

With Grafton expecting an influx of workers for a multibillion dollar highway upgrade as well as the construction of a new bridge over the Clarence River now could be a great time to get into the local hospitality and accommodation game.

Property Code: 449