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Royal Hotel, Taree (Freehold)

Price: $ 3,750,000
Sale Method: Exclusive Agent
Status: For Sale
Business: Freehold
Property: Hotel
Poker Machines: 12
Accommodation: 7
Listing #: 100162

John Parsons Hotels
www.jphotels.com.au
12 William St, Orange NSW 2800
Phone: (02) 6362 3199

  • New gaming room with solution in place
  • New hardware 12 machines +TITO and CRT
  • A solid trading coastal hotel with scope for significant improvements
  • Average Profits $18.35k per month and improving

 

Hotel Summary

The Royal Hotel is in a prime central location in the middle of the main street with limited competition and backs onto the Manning River providing a scenic water view. The hotel has a good diversified mix of trade and excellent growth potential in key income streams.

Features

  • Bistro
  • Entertainment Area
  • Gaming Room
  • Keno
  • Guest Accommodation
  • Public Bar
  • Sky Channel
  • TAB

Location

Taree is located on the Manning River, one hour drive South of Port Macquarie on the North Coast of New South Wales.

Inspection highly recommended