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JLL - Hotels & Hospitality Group

Centennial Hotel, Gulgong, 141 - 143 Mayne Street Gulgong, NSW 2852

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Centennial Hotel, Gulgong, 141 - 143 Mayne Street,
Gulgong, NSW 2852

Hotel, Motel & Leisure

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JLL - Hotels & Hospitality Group
Greg Jeloudev
Edward Browne

JLL - Hotels & Hospitality Group

Level 27, 180 George Street
SYDNEY, NSW 2000
JLL - Hotels & Hospitality Group
Centennial Hotel, Gulgong, 141 - 143 Mayne Street
Gulgong, NSW 2852

Map of Centennial Hotel, Gulgong, 141 - 143 Mayne Street

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Centennial Hotel, Gulgong

  • Average weekly income $53k+
  • 6 high performing GMEs
  • Excellent 1,345sqm landholding
JLL Hotels & Hospitality Group is thrilled to offer for sale the freehold going concern interest in the Centennial Hotel in Gulgong NSW.
Affectionately known as ‘The Cenny’, the hotel presents as an excellent entry-level hotel asset comprising of gaming, accommodation and food and beverage revenue streams.

The business boasts sound trade and includes the following investment attributes:

– Average weekly sales exceeding $53,000 ex. GST comprising of diversified income
– 6 high performing gaming machine entitlements (GMEs)
– Newly approved gaming machine threshold increase for an additional 2 GMEs
– DA approval for expansion of existing gaming lounge
– 7 ensuited motel-style accommodation rooms and separate manager’s residence
– Excellent 1,345sqm landholding
– Brand new cool room positioned adjacent to kitchen
– Expansive on-site car park

For Sale via Expressions of Interest closing Wednesday 18th of October at 12pm midday (if not sold prior).

Property ID: 504421932Last Updated: 13 Dec 2023

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