Crew Commercial, in conjunction with TBRE, are proud to present this exceptional opportunity in the heart of the Northern Rivers for Sale and/or Lease.

Formerly home to the well known Australian Tavern, this substantial Commercial Core holding offers outstanding flexibility for investors, owner operators, developers and hospitality groups. The property generates immediate holding income from established tenants, while the vacant hotel tenancy presents a rare opportunity to lease the venue, occupy outright, or purchase the freehold and unlock its future upside.

Key features:

- 882sqm* gross lettable area
- 1,138sqm Commercial Core land holding
- 282sqm* rooftop with potential for a rooftop bar or function space (STCA)
- Existing Hotel and Liquor Licence
- Fully fitted commercial kitchen infrastructure
- Two spacious residential units (2 bed, 2 bath)
- Ground floor retail tenancy
- Established restaurant tenancy providing immediate rental income
- Rear service yard with container and delivery access
- Estimated net rental income of $315,000* pa plus outgoings and GST

Approx*

The asset presents strongly to hotel operators seeking an established venue, hospitality groups pursuing expansion, investors targeting secure income with upside, owner occupiers looking to establish their own operation, and developers seeking a strategic Commercial Core landholding (STCA).

The property is available For Sale and/or Lease. The property will be offered for sale with a short term lease, with no GST applicable (ie. going concern sale).

For further information or to arrange an inspection, please contact the exclusive agents Tony Bargwanna from TBRE and Josh Wright from Crew Commercial.