Address available on request,
Grafton, NSW 2460
Hotel, Motel & Leisure
Key property information
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LEASEHOLD HOTEL
Located in Grafton northern NSW is the well established Jacaranda Hotel or as locals know it - The Jaca.
The Jaca is being offered for sale on a leasehold basis offering the following to any prospective purchaser:
* 2 separate bar areas
* Full TAB & Keno facilities
* Commercial kitchen and dining area
* 6 poker machines
* 11 accommodation rooms + a bunk room.
* 2 bedroom & 2 bathroom managers flat
* Two huge beer gardens
* Massive carpark
The current lease doesn't expire until Jan 2021 and has a further 2 x 3 year options.
Currently showing decent gross weekly income and lends itself perfectly to a husband and wife team to generate a very healthy income for themselves.
With Grafton expecting an influx of workers for a multibillion dollar highway upgrade as well as the construction of a new bridge over the Clarence River now could be a great time to get into the local hospitality and accommodation game.
Property Code: 449
The Jaca is being offered for sale on a leasehold basis offering the following to any prospective purchaser:
* 2 separate bar areas
* Full TAB & Keno facilities
* Commercial kitchen and dining area
* 6 poker machines
* 11 accommodation rooms + a bunk room.
* 2 bedroom & 2 bathroom managers flat
* Two huge beer gardens
* Massive carpark
The current lease doesn't expire until Jan 2021 and has a further 2 x 3 year options.
Currently showing decent gross weekly income and lends itself perfectly to a husband and wife team to generate a very healthy income for themselves.
With Grafton expecting an influx of workers for a multibillion dollar highway upgrade as well as the construction of a new bridge over the Clarence River now could be a great time to get into the local hospitality and accommodation game.
Property Code: 449
Grafton, 2460 demographic data
The median household income for Grafton is $1,179, 18% lower than Regional New South Wales's household income of $1,434. Grafton has an older age profile compared to the rest of Regional New South Wales (median age 44 vs 43). Property ownership data shows 43% of property owners in Grafton have a mortgage.
10,563
Population
$1,179 per week
Median household income
44 years
Median age
Owners
Most residents
Families
Most households
04070073...
Address available on request
Grafton, NSW 2460
McKimms Real Estate - Grafton98 Fitzroy Street
GRAFTON, NSW 2460
GRAFTON, NSW 2460
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