Railway Hotel Armidale, 222 Rusden Street,
Armidale, NSW 2350
Hotel, Motel & Leisure • Development Sites & Land
Key property information
Land area
Floor area
Tenure type
Sold on
Map of Railway Hotel Armidale, 222 Rusden Street
Railway Hotel Armidale
HTL Property is delighted to offer for sale the Freehold Going Concern in the Railway Hotel, Armidale.
Key investment considerations include:
- Full format pub with public bar, commercial kitchen, bistro, TAB, freestanding bottle shop, gaming room
- 13 highly valuable, Band 2, Armidale LGA Poker Machine Entitlement's worth ~$400,000 each (in-situ value of $5,200,000)
- Large land holdings of circa 2,519sqm* with 40m of street frontage & dual access from both Rusden Street and Wests Ave
- Surplus land holdings with existing Development Approval (DA-108-2021) for freestanding motel with 16 Rooms
- Very favorable 3am trading permitted on licence
- Closest hotel to the large Armidale Base Hospital and Armidale TAFE
- Significant education base, both multiple state and exclusive schools plus highly regarded University of New England
- Large regional centre with strong employment opportunities. Major employers in the region include the Armidale Hospital, University of New England, TAFE, regional council, banking, and agriculture sector
- Significant upside on offer for a more hands-on operator. Currently run under management by Sydney-based fund.
The Hotel is being offered as a Freehold Going Concern via expressions of Interest closing Thursday May 1st 2025. Inspections will be conducted at the Hotel strictly by appointment only.
*Approx.
Key investment considerations include:
- Full format pub with public bar, commercial kitchen, bistro, TAB, freestanding bottle shop, gaming room
- 13 highly valuable, Band 2, Armidale LGA Poker Machine Entitlement's worth ~$400,000 each (in-situ value of $5,200,000)
- Large land holdings of circa 2,519sqm* with 40m of street frontage & dual access from both Rusden Street and Wests Ave
- Surplus land holdings with existing Development Approval (DA-108-2021) for freestanding motel with 16 Rooms
- Very favorable 3am trading permitted on licence
- Closest hotel to the large Armidale Base Hospital and Armidale TAFE
- Significant education base, both multiple state and exclusive schools plus highly regarded University of New England
- Large regional centre with strong employment opportunities. Major employers in the region include the Armidale Hospital, University of New England, TAFE, regional council, banking, and agriculture sector
- Significant upside on offer for a more hands-on operator. Currently run under management by Sydney-based fund.
The Hotel is being offered as a Freehold Going Concern via expressions of Interest closing Thursday May 1st 2025. Inspections will be conducted at the Hotel strictly by appointment only.
*Approx.
Armidale, 2350 demographic data
23,967
Population
$1,432 per week
Median household income
36 years
Median age
Owners
Most residents
Families
Most households
Railway Hotel Armidale, 222 Rusden Street
Armidale, NSW 2350
HTL Property - SydneyLevel 3, 319 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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