Iconic Freehold Pub In Coastal Kiama
Business Sold Kiama, New South Wales 2533
Business Category Commerical Property Freehold Hotel Motel Pubs
Iconic freehold pub for sale in Kiama
SOLD
Description
Iconic Freehold Pub In Coastal Kiama
Tourism Property are proud to present to market this rare seaside hospitality offering - the first of its kind in over 20 years.
A once in a generation, unique investment opportunity in a booming geographical pocket. The iconic Grand Hotel Kiama was built in 1891 and sits proudly in the heart of this historic coastal town.
The Grand Hotel Kiama offers a compelling opportunity with very limited local competition.
Set apart by its rich history, heritage charm, and proximity to local attractions such as the famous Kiama Blowhole and stunning local beaches.
The ground floor of the property offers a public bar, restaurant, TAB area and additional dining room which is perfect for hosting functions and events.
The ground floor also benefits from a smoking friendly gaming room with 15 gaming machine entitlements (threshold 18). This presents a significant opportunity to generate additional revenue through gaming operations. Furthermore, the gaming room is fully licensed and compliant with all regulatory requirements, ensuring a smooth and seamless operation.
Upstairs, The Grand Hotel offers 20 traditional accommodation over two levels. Renovate and prosper in this under-supplied accommodation market.
Kiama was recently named "Best Small Town" in Australia by Bernard Salt. Selecting Kiama over 751 other eligible towns, he stated "Kiama has above average entrepreneurship, below average unemployment, higher than average income”.
Investing in the Grand Hotel Kiama offers a unique opportunity to own a piece of local history and leverage the thriving tourism industry of the NSW South Coast.
Offers will close Thursday 29th June. Buyers are invited to contact Matt Davidson for further details and to arrange inspection.
A once in a generation, unique investment opportunity in a booming geographical pocket. The iconic Grand Hotel Kiama was built in 1891 and sits proudly in the heart of this historic coastal town.
The Grand Hotel Kiama offers a compelling opportunity with very limited local competition.
Set apart by its rich history, heritage charm, and proximity to local attractions such as the famous Kiama Blowhole and stunning local beaches.
The ground floor of the property offers a public bar, restaurant, TAB area and additional dining room which is perfect for hosting functions and events.
The ground floor also benefits from a smoking friendly gaming room with 15 gaming machine entitlements (threshold 18). This presents a significant opportunity to generate additional revenue through gaming operations. Furthermore, the gaming room is fully licensed and compliant with all regulatory requirements, ensuring a smooth and seamless operation.
Upstairs, The Grand Hotel offers 20 traditional accommodation over two levels. Renovate and prosper in this under-supplied accommodation market.
Kiama was recently named "Best Small Town" in Australia by Bernard Salt. Selecting Kiama over 751 other eligible towns, he stated "Kiama has above average entrepreneurship, below average unemployment, higher than average income”.
Investing in the Grand Hotel Kiama offers a unique opportunity to own a piece of local history and leverage the thriving tourism industry of the NSW South Coast.
Offers will close Thursday 29th June. Buyers are invited to contact Matt Davidson for further details and to arrange inspection.
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
