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141 - 143 Mayne Street
Gulgong NSW 2852
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Sold on 24 Nov 2023

141 - 143 Mayne Street Gulgong NSW 2852

  • Hotel, Motel, Pub & Leisure
  • 1,345 m²
  • Sold

Centennial Hotel, Gulgong

  • Average weekly income $53k+
  • 6 high performing GMEs
  • Excellent 1,345sqm landholding

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).

JLL - Hotels & Hospitality Group
JLL - Hotels & Hospitality Group
Level 27/180 George St
Sydney, NSW 2000

Property Highlights

Date Sold24 Nov 2023
Floor Area1,345 m²
Land Area1,345 m²
ParkingOn site parking available
Property ID2018779226
Category
Last updated  27 Nov 2023
Map for 141 - 143 Mayne Street Gulgong NSW 2852
JLL - Hotels & Hospitality Group
JLL - Hotels & Hospitality Group
Level 27/180 George St
Sydney, NSW 2000

Property Highlights

Date Sold24 Nov 2023
Floor Area1,345 m²
Land Area1,345 m²
ParkingOn site parking available
Property ID2018779226
Category
Last updated  27 Nov 2023

Co-Agents

Greg Jeloudev
JLL - Hotels & Hospitality Group
Call
+61 401 670 053
Edward Browne
JLL - Hotels & Hospitality Group
Call
+61 404 739 171

More about 141 - 143 Mayne Street Gulgong NSW 2852

141 - 143 Mayne Street Gulgong NSW 2852 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1,345 m² and a land area of 1,345 m². The listing ID for this property is 2018779226.

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