Engadine Tavern & Development Site, 36-50 Station Street,
Engadine, NSW 2233
Hotel, Motel & Leisure • Development Sites & Land • Shops & Retail
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Map of Engadine Tavern & Development Site, 36-50 Station Street
Engadine Tavern & Development Site
- Landmark suburban freehold pub with genuine and tangible development upside
- Well diversified revenue base currently generating in excess of ~$7,000,000 per annum
- 26 gaming machines – Band 1 LGA with scope to increase to full complement of 30 machines
- Ranked #415 on average over last four gaming quarters (ILGA Gaming Report)
- Expansive two level trading footprint with large patron capacity and revenue producing space - scope to activate first floor beer garden (STCA)
- Adjoining retail tenancies delivering passive rent of ~$165,000 + GST per annum
- Strategic 3,604 sqm* land holding across 3 separate sites and 5 separate titles - scope to acquire and amalgamate additional adjoining sites
- Flexible redevelopment options – B3-Commercial Core, 20 metre height limit, 2:1 FSR ratio plus 75 metre frontage to Station Street
- Pre DA plans available for a mixed-use residential, retail and hotel redevelopment (STCA)
- Unopposed in terms of competition with exclusive trade catchment area – ‘underpubbed’ area with approximately 40,000 surrounding residents
- Strong residential demand and growth within the Engadine Town Centre with recent developments including Hermitage Apartments (64), Rise Apartments (30) and Gallery Apartments (115)
- Close proximity to Engadine Town Centre Shopping Centre and major retailers such as Coles, Woolworths, ALDI, IGA & Dan Murphy’s
*Approx.
- Well diversified revenue base currently generating in excess of ~$7,000,000 per annum
- 26 gaming machines – Band 1 LGA with scope to increase to full complement of 30 machines
- Ranked #415 on average over last four gaming quarters (ILGA Gaming Report)
- Expansive two level trading footprint with large patron capacity and revenue producing space - scope to activate first floor beer garden (STCA)
- Adjoining retail tenancies delivering passive rent of ~$165,000 + GST per annum
- Strategic 3,604 sqm* land holding across 3 separate sites and 5 separate titles - scope to acquire and amalgamate additional adjoining sites
- Flexible redevelopment options – B3-Commercial Core, 20 metre height limit, 2:1 FSR ratio plus 75 metre frontage to Station Street
- Pre DA plans available for a mixed-use residential, retail and hotel redevelopment (STCA)
- Unopposed in terms of competition with exclusive trade catchment area – ‘underpubbed’ area with approximately 40,000 surrounding residents
- Strong residential demand and growth within the Engadine Town Centre with recent developments including Hermitage Apartments (64), Rise Apartments (30) and Gallery Apartments (115)
- Close proximity to Engadine Town Centre Shopping Centre and major retailers such as Coles, Woolworths, ALDI, IGA & Dan Murphy’s
*Approx.
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Property ID: 504198279Last Updated: 18 May 2023
Engadine Tavern & Development Site, 36-50 Station Street
Engadine, NSW 2233
HTL Property - SydneyLevel 3, 319 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Highland Commercial Property6/40 Cawarra Road
TAREN POINT, NSW 2229
TAREN POINT, NSW 2229
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