Royal Exhibition Hotel, 86 - 88 Chalmers Street,
Surry Hills, NSW 2010

• 24 hour approved to trade 6 days a week with 3 hour gaming shutdown
• New Light Rail to stop across the road from hotel
• 22 PME’s, with potential for full gaming room smoking solution – then buy 8 more pokies from the Sydney LGA
• Opposite Central Station entry/exit – 100,000 commuters per day
• Amidst the Central to Eveleigh Urban Transformation (56,000 new residents & 13,000 new jobs)
• Excellent accommodation offering with 14 four star ensuited rooms
• Recent $1 million CAPEX spend includes refurbishing gaming room & accommodation rooms
• Excellent underlying property value – 550sqm opposite central Station
• Nearest three gaming hotels generating, an estimated $3,000+ pw per machine – Madison Hotel (10m away, ranked 91), Strawberry Hills Hotel (50m away, ranked 150) & Aurora Hotel (200m away, ranked 86).
• Newly refurbished office building next door, shortly to be fully tenanted with circa 80 employees
• Large 24hr approved beer garden
• Strategically outside the lock-out zone
• Full DD available including Tax Returns, BAS statements, Bank statements etc
• High margin business—accommodation, gaming, bars
• Last chance to buy a hotel before mid-2016 when yields will be tighter again