141 - 143 Mayne Street
141 - 143 Mayne Street
141 - 143 Mayne Street
141 - 143 Mayne Street
141 - 143 Mayne Street
141 - 143 Mayne Street
141 - 143 Mayne Street
141 - 143 Mayne Street
141 - 143 Mayne Street
Hotel/Leisure
ID 82090
Updated
Sold

Centennial Hotel, Gulgong

141 - 143 Mayne Street

Gulgong, New South Wales, 2852

Please contact us for price

  • Size1,345 SQM 

Greg Jeloudev

Agent details

Edward Browne

Agent details

  • Description
  • Building Information
  • Location
  • Agents

Description

Centennial Hotel, Gulgong

JLL Hotels & Hospitality Group is thrilled to offer for sale the freehold going concern interest in the Centennial Hotel in Gulgong NSW.
Affectionately known as ‘The Cenny’, the hotel presents as an excellent entry-level hotel asset comprising of gaming, accommodation and food and beverage revenue streams.

The business boasts sound trade and includes the following investment attributes:

– Average weekly sales exceeding $53,000 ex. GST comprising of diversified income
– 6 high performing gaming machine entitlements (GMEs)
– Newly approved gaming machine threshold increase for an additional 2 GMEs
– DA approval for expansion of existing gaming lounge
– 7 ensuited motel-style accommodation rooms and separate manager’s residence
– Excellent 1,345sqm landholding
– Brand new cool room positioned adjacent to kitchen
– Expansive on-site car park

For Sale via Expressions of Interest closing Wednesday 18th of October at 12pm midday (if not sold prior).

Location

Agents

Greg Jeloudev

Agent details

Edward Browne

Agent details