Harrigan’s Irish Tavern & Harrington River Lodge, 1 Josephine Boulevard,
Harrington, NSW 2427
Hotel, Motel & Leisure • Development Sites & Land • Other
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Map of Harrigan’s Irish Tavern & Harrington River Lodge, 1 Josephine Boulevard
Harrigan’s Irish Tavern & Harrington River Lodge
- Stunning absolute waterfront Mid-North Coast location, 3.5 hours* from Sydney, on an enormous 18,247sqm* allotment with over 200m* of river frontage
- Highly attractive, diversified and balanced revenue streams. Current average weekly revenues of circa $80,000* comprised of; $22,200* in bar, $24,800* in food, $10,100* in gaming and $19,500* in accommodation
- 14 highly valuable, Band 2, Mid-Coast LGA, poker machine entitlements (in situ value of $9,100,000*)
- Operated under management, with significant scope for operational improvement from a more hands-on hotel focused management
- Underlying asset value of Land, Improvements and Gaming Licences eclipsing $15,000,000* (divestment value)
- Accommodation Features: 22 well-appointed 4 star units, luxury 3-bedroom owner's holiday unit, swimming pool, and function room with capacity for over 100 guests
- Tavern Features: Public bar, designated TAB, Bistro, commercial kitchen, gaming room with 14 PME's and waterfront beer-garden
- Strong local tourism market and captive resident customer base within the Harrington Waters Residential Estate
- Tavern and accommodation assets situated on separate titles with a combined 150* car parks
* Approx.
- Highly attractive, diversified and balanced revenue streams. Current average weekly revenues of circa $80,000* comprised of; $22,200* in bar, $24,800* in food, $10,100* in gaming and $19,500* in accommodation
- 14 highly valuable, Band 2, Mid-Coast LGA, poker machine entitlements (in situ value of $9,100,000*)
- Operated under management, with significant scope for operational improvement from a more hands-on hotel focused management
- Underlying asset value of Land, Improvements and Gaming Licences eclipsing $15,000,000* (divestment value)
- Accommodation Features: 22 well-appointed 4 star units, luxury 3-bedroom owner's holiday unit, swimming pool, and function room with capacity for over 100 guests
- Tavern Features: Public bar, designated TAB, Bistro, commercial kitchen, gaming room with 14 PME's and waterfront beer-garden
- Strong local tourism market and captive resident customer base within the Harrington Waters Residential Estate
- Tavern and accommodation assets situated on separate titles with a combined 150* car parks
* Approx.
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External websites
Property ID: 504194047Last Updated: 9 Jan 2023
04029158...
Harrigan’s Irish Tavern & Harrington River Lodge, 1 Josephine Boulevard
Harrington, NSW 2427
HTL Property - SydneyLevel 3, 319 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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