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Grafton Hotel, 97 Fitzroy Street, Grafton, NSW 2460

Grafton Hotel, 97 Fitzroy Street, Grafton, NSW 2460

Hotel/Leisure

  • For Sale
  • Contact Agent
  • Expression of Interest

  • Floor Area
  • 748 m²
  • Last Updated
  • Feb 19, 2021

Additional Details


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HTL Property - Sydney

Level 3, 319 George Street

Sydney NSW 2000

Xavier Plunkett

Northern Rivers Freehold Hotel

- Hotel Features: Public bar, bistro, function space, 13 pub rooms, Gaming Room with 15 Poker Machine Entitlements
- Highly desirable Northern Rivers locality presenting both economic and lifestyle opportunities
- 748m2* Main Street allotment located in Grafton’s commercial core
- Immaculately presented hotel with over $1,000,000 in capital improvements in the past two years
- $55,000* in weekly revenues: $15k* Bar, $15k* Food, $23K* Gaming
- 15 Band 3 PME's (in-situ worth $3.9m+*, divestment value $3.12m+*)
- Scope to improve gaming through improved rear-lane access (STCA), improved signage, hardware upgrades and gaming-centric promotion
- Up #300 places in OLGR rankings in past 3 years (Sept 17- Sep 20)
- Increased profitability through basic wage and cost control
- First time to market after 40 years* of continuous ownership

* Approx.

Grafton Hotel, 97 Fitzroy Street, Grafton, NSW 2460

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