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131-133 Albury Street
Holbrook NSW 2644
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131-133 Albury Street Holbrook NSW 2644

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, Leasehold - $875,000

LEASEHOLD - Riverina Hotel, Holbrook NSW - 1P0450

    Rare opportunity to acquire a high turnover gaming hotel business!

    Key Features:

    * New lease offered to market direct from the landlord
    * 5 GME on the floor within gaming room with smoking solution
    * Gaming room upgraded (TITO & CRT)
    * Additional & multiple income streams across food, beverage, bar & functions
    * 18 x well-presented upstairs accommodation rooms
    * Quality plant & equipment
    * Competitive terms on offer
    * Buyers yield of 35.5%
    * GME threshold of 11 available to fill quota prior to 2026
    * In final stages of DA approval for caravan park development providing further
    upside to expand and further drive revenue
    * Very well-maintained venue with new carpets and flooring throughout
    * Currently operating under management with a strong and developed team in
    place

    Contact Dan McDonald, the Exclusive Agent, direct at MHB for further information.

    McDonald Hospitality Brokers (MHB)
    McDonald Hospitality Brokers (MHB)
    466 Swift Street
    Albury, NSW 2640

    Property Highlights

    Floor Area1 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019566015
    Category
    Last updated  16 Oct 2024
    Map for 131-133 Albury Street Holbrook NSW 2644
    McDonald Hospitality Brokers (MHB)
    McDonald Hospitality Brokers (MHB)
    466 Swift Street
    Albury, NSW 2640

    Property Highlights

    Floor Area1 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019566015
    Category
    Last updated  16 Oct 2024

    Listed by

    Dan McDonald
    McDonald Hospitality Brokers (MHB)
    Call
    0437838368

    More about 131-133 Albury Street Holbrook NSW 2644

    131-133 Albury Street Holbrook NSW 2644 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1 m². The listing ID for this property is 2019566015.

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