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82 Port Stephens Street Raymond Terrace, NSW 2324

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82 Port Stephens Street,
Raymond Terrace, NSW 2324

Hotel, Motel & Leisure

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SPINNING WHEEL HOTEL, RAYMOND TERRACE

CBRE Hotels are pleased to offer for sale the freehold going concern interest of the Spinning Wheel Hotel in Raymond Terrace.

The opportunity presents the following investment highlights:

* Substantial two level Hotel with as new fitout and multiple alfresco areas
* Large and highly exposed 1,553sqm site in prominent town centre location with onsite parking
* Perfectly suited to an owner operator
* Efficient configuration and mix of trade supplemented by eleven first floor accommodation rooms and large two bedroom manager's residence
* Sale includes valuable Hotel Licence and 18 Poker Machine Entitlements
* Current gaming revenue in excess of $1,200,000 per annum

For further information, please contact the agents listed.

Property ID: 500379187Last Updated: 20 Sep 2017

02 9333 33...
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82 Port Stephens Street
Raymond Terrace, NSW 2324
CBRE - Hotels
Level 21, 363 George Street
SYDNEY, NSW 2000

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