Address available on request,
Leichhardt, NSW 2040

Hotel, Motel & Leisure

Key property information

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Exceptional business and underlying property in development precinct

Historically representing the best performing hotel in renowned Norton Street, this landmark asset is also underpinned by a significant underlying property value.

Key investment benefits of PJ Gallaghers Irish Pub include:
• 28 electronic gaming machines including 11 permits (SIA 30) (worth circa $4 million)
• Renovated gaming room smoking solution
• Existing gaming earnings base
• Recently completed impressive circa $2m ground and first floor renovations
• Strategically situated at major juncture on famous Norton Street, Leichhardt
• 24-hour hotel licence
• Huge patron catchment situated in the heart of the thriving Norton Street entertainment
• Potential to convert roof top for further usage (STCA)
• Prominent high-profile corner location in sought-after inner west retail and residential hub
• Exceptional alternate use retail, commercial development potential (STCA)
• Ripe for astute gaming operators

Leichhardt, 2040 demographic data

The median household income for Leichhardt is $2,673, 29% higher than Greater Sydney's household income of $2,077. Leichhardt has a similar age profile compared to the rest of Greater Sydney (median age 37). Property ownership data shows 58% of property owners in Leichhardt have a mortgage.

15,158

Population

$2,673 per week

Median household income

37 years

Median age

Owners

Most residents

Families

Most households

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