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

Situated in one of the fastest growing agriculture centers in NSW, the Gunnedah Hotel is being put to market following several unsolicited approaches from a market seeking quality hotel investment opportunities with strong underlying business fundamentals. The private owners have exclusively appointed JLL Hotels Vice President, Kate MacDonald and Executive Greg Jeloudev to spearhead the Expressions of Interest campaign commencing today.

Strategically positioned on the high retail street of Gunnedah, only 40 minutes from Tamworth, the hotel sits on an almost 3,000sqm corner lot with 1,200sqm of underutilised land ideal for development (STCA).  The asset boasts 28 refurbished accommodation rooms (10 with ensuites), 12 valuable gaming machine entitlements in a Band 3 SA2 with diminishing gaming competition and 3am approval, thereby futureproofing the trading proposition for incoming operators and investors.

JLL Hotels Vice President Kate MacDonald believes that this campaign will be hotly contested due to the scarcity of quality on-market regional opportunities and the appeal of the location, which has grown considerably in population over the past decade.

Ms MacDonald noted, “The Gunnedah provides a legitimate run-up-start for an investor looking for regional assets that tick all the boxes for success, including quality of the building, accessibility, gaming entitlements, accommodation, land size, and operational upside.”

The Gunnedah Hotel is for sale via Expressions of Interest, closing on Thursday 22 September 2022 (unless sold prior).

For more information contact the agents via the contact form below.