The Pier Hotel/6-16 The Esplanade Port Hedland WA 6721

Knight Frank are pleased to exclusively present to the market an exciting opportunity to acquire the freehold and business interest in the 'Pier Hotel', located in Port Hedland, 1,630km* north of Perth, with the local port being one of the largest iron ore export ports in the world.

The opportunity sits on a substantial landholding of 5,733sqm within the heart of Port Hedland and provides consistent traffic with its strategic location. The improvements comprise of a two storey hotel which includes a main bar with TAB facility, beer garden, restaurant, 20 motel rooms, a 4 bedroom residence and more.

The investment provides an appealing opportunity to grow the business and income, with currently the motel rooms not being utilised and the pub/hotel only running at c. 65% capacity. With a huge shortfall for accommodation within the region currently, it creates potential value add opportunity to grow all facets of the business in a short period of time.

Key Features of the Property:
- Restaurant/Bar/Serviced Beer Garden
- 20 Motel Rooms
- Staff Accommodation
- Zoned 'West End' under the Town of Port Hedland West End Improvement Scheme No. 1

The freehold and business will be sold 'walk in, walk out' via private treaty.

To arrange an inspection or further details, please contact the exclusive selling agents:

Cory Dell'Olio
0422 177 247
cory.dellolio@au.knightfrank.com