Manenti Quinlan & Associates have been appointed to market the Leasehold Interest of the Riverview Hotel for sale by Leonard Bongiovanni.

Located on the banks of the Macleay River, Smithtown NSW, the Riverview Hotel is superbly positioned to take advantage of its river setting with all hotel areas enjoying fabulous views across the river, said Mr Leonard Bongiovanni Director of Manenti Quinlan & Associates.

Smithtown, located in the Kempsey Shire, is 16km north east of Kempsey, approximately 65 km north of Port Macquarie and 20km South West of South West Rocks.

Steeped in history, Smithtown’s main street is dotted with art deco buildings and its location on the river makes it popular with boating enthusiasts.  Nestle has a factory in the town that is over 100 years old and employs over 200 workers, making it one of the NSW Mid-North Coast's biggest private-sector employers.

The hotel benefits from multiple revenue streams and boasts excellent outdoor decks and beer garden dining areas, a single bar operation, large TAB area, keno facilities, 6 modern gaming machines, large commercial kitchen and dining room.

Key investment points are:

• Sensational location on the banks of the Macleay River
• 6 updated poker machines
• Well-presented venue
• 14 years remaining on lease
• $22,000 per week revenue average FY 2020-2021
• Further potential to improve
• Source: Manenti Quinlan & Associates

Leonard Bongiovanni told WILLIAMS MEDIA,”The Riverview Hotel is well-presented and will benefit from a focused operator.”

To request a copy of the Information Memorandum please contact the marketing agent Leonard Bongiovanni via the contact details below.

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