Listing ID: 355
This is one of the best hotel investment packages around, well located in the main street of South Grafton, overlooking the majestic Clarence River.
Grafton is a stunning city, famous for its jacaranda-lined streets and beautiful heritage buildings - including Walkers Marina Hotel, built in 1909. Grafton is 40 minutes from the coast, 2.5 hours from the Gold Coast and located at the junction of the Pacific Highway, Gwydir Highway and Summerland Way.
The current owners gave the hotel a complete makeover in 2008/09, including rewiring, with a complying fire system and CCTVs installed. Now they are ready to take on another heritage rescue so this sound business investment could be yours!
Sitting on a 2215sqm block, the hotel has 17 'pub style' rooms, 3 bathrooms plus a single bedroom manager's residence with river views.
But that's not all:
- Plans for drive-through bottle shop
- 6 poker machines + TAB
- 16 CCTV + back-to-base security system
- Grassed beer garden + BBQ area
- Restaurant leased out
With the commencement of the new Grafton Bridge later this year, and the scheduled $4.5 billion Pacific Highway upgrade, this is perfect timing for making this business your own and growing the turnover by developing the budget/backpacker tourism market, perhaps with water activities included.
Grafton, New South Wales 2460