JLL Hotels & Hospitality Group is delighted to offer for sale the freehold going concern interest in the Tyalgum Hotel in Tyalgum NSW.

The popular venue comes to market following strong interest in the hotel with several unsolicited offers made in the previous year alone.  Long term publican, Peter Bell, views the buoyant market conditions as an opportune time to sell, particularly with regional NSW continuing to appeal to private hoteliers and larger syndicates seeking scale. Mr Bell has exclusively appointed JLL Executive, Greg Jeloudev, and JLL Vice President Mark Walsh to offer the venue to market via a private treaty process.

The Tyalgum Hotel enjoys a diversified income stream consisting of gaming, accommodation and strong food and beverage sales. The opportunity includes 5 prized gaming machine entitlements and 14 highly occupied accommodation rooms. Being the only licensed premise in Tyalgum to permit takeaway sales, the venue enjoys strong trade throughout the year. There is an on-site swimming pool and extensive beer garden that complements the indoor facilities. The Band 1 zoning enables greater scale to increase the gaming proposition which can be further enhanced with a smoking-approved lounge. Furthermore, a large landholding of 4,326sqm provides scope for development potential with favourable planning regulations of 2:1 FSR and 13.6m height restriction.

Situated in the magical Tween hinterland, Tyalgum is a picturesque location positioned around 20 minutes west of Murwillumbah. Originally known as an old cedar milling village, Tyalgum boasts a strong agricultural sector primarily consisting of dairy and beef cattle production, as well as alternative crops, including coffee. The area has registered strong residential growth, with sustainable living being a key feature for new residents. Tyalgum is aiming to be the first NSW town to completely drop off the national energy grid.  

JLL Executive Greg Jeloudev cites the inimitable location and diverse mix of trade will spike suitor interest with Northern NSW freehold opportunities continuing to be in short supply.

Mr Jeloudev commented, “The healthy mix of trade, pristine location and significant landholding are sure to attract a wide-ranging buyer pool with interest expected from new entrants, private hoteliers and larger syndicate groups. The diminishing supply of gaming entitlements continues to drive regional hotel values, with venues in northern NSW being particularly highly sought-after.”

The freehold going concern interest in the Tyalgum Hotel is being offered for sale via private treaty and is available for immediate purchase. To receive a copy of the information memorandum, contract of sale, or to arrange an inspection all interested, parties are to contact the exclusively appointed.

To request a copy of the Information Memorandum please contact one of the JLL marketing agents via the contact details below.