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Riverview Hotel - Leasehold, 29 Birchgrove Road Balmain, NSW 2041

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Riverview Hotel - Leasehold, 29 Birchgrove Road,
Balmain, NSW 2041

Hotel, Motel & Leisure

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Map of Riverview Hotel - Leasehold, 29 Birchgrove Road

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Riverview Hotel - Leasehold

Affordable entry-level lease
• Profitable and award winning Balmain institution
• Versatile business mix from food, bar, gaming and functions
• Circa three-year pay-back on current net profit
• Incredible owner operator opportunity - currently run under management
• Long lease with excellent terms and attractive rent
• Immaculate presentation - nothing to spend
• Compact and efficient layout - limited wages overheads

FOR SALE BY EXPRESSIONS OF INTEREST
Closing at 4:00pm (AEST) Thursday 19 March 2015 (if not sold prior)

Balmain, 2041 demographic data

The median household income for Balmain is $3,039, 46% higher than Greater Sydney's household income of $2,077. Balmain has an older age profile compared to the rest of Greater Sydney (median age 42 vs 37). Property ownership data shows 49% of property owners in Balmain have a mortgage.

10,454
Population
$3,039 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
02 9220 85...
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Riverview Hotel - Leasehold, 29 Birchgrove Road
Balmain, NSW 2041
JLL - Hotels & Hospitality Group
Level 27, 180 George Street
SYDNEY, NSW 2000

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