Ben McDonald and Daniel Dragicevich of CBRE Hotels have sold the beachfront pub in Northern New South Wales
Key features of the sale of the Country Club Hotel by CBRE include:
- Absolute waterfront NSW coastal Freehold Going Concern Hotel in the heart of the popular tourist region of Port Stephens
- Substantial annual revenues in excess of $6.8M (FY16) across bar, bottleshop, two restaurants and gaming
- Generational-style landholding with only two owners in the last 50 years and currently run under full management
- Landmark 2,753sqm two-level corner site with on-site car parking and sweeping views across Shoal Bay
- Good local catchment of clientele which swells during the warmer months
- The property is surrounded by the Ramada Resort which sleeps over 1,000 people when full and provides the Hotel with door front patronage
- Sale includes Hotel Licence and 23 PME's (Band 1 LGA)
For sold details, please email the agent below.
See also:
Hotel Palisade For Sale in Millers Point, Sydney Harbour by JLL