JLL Hotels & Hospitality Group is delighted to offer for sale the freehold interest in the Narromine Hotel Motel. The venue has an existing tenancy in place with an imminent expiry affording the successful purchaser immediate ability to trade the hotel.

Positioned at the intersection of Dandaloo Street and Derribong Avenue, the Narromine Hotel is a well-rounded hospitality asset that enjoys trade from multiple revenue streams. The venue serves as an excellent platform for either a new-market entrant or as a bolt-on asset for an existing hotelier. The opportunity includes 3 highly prized gaming machine entitlement, 20 pub style accommodation rooms, 10 ensuited motel rooms, drive-thru bottle shop, public bar and beer garden. The Hotel is fantastically positioned on a large 2,074sqm corner site and includes a brand-new roof and wrap-around balcony. The vendors have exclusively engaged JLL Hotels Executive Greg Jeloudev and colleague Kate MacDonald to offer the venue for sale via an Expressions of Interest process.

The Narromine Hotel Motel enjoys several value-add opportunities, including the revitalisation of the first-floor accommodation rooms which are current unutilised. There is strong accommodation demand in the precinct with the Inland Rail previously leasing all motel accommodation on a rolling contract basis. In regard to gaming, there is scope to increase the gaming machine threshold (subject to regulatory approval) to build on the existing three entitlements currently in the venue. The Hotel is currently the only pub within the town comprising of a gaming offering.

Strategically located on one of Australia’s predominant transport corridors, Narromine is well renowned for its agricultural industry including sheep, cattle and wool production, as well as broadacre cereal and cotton crops.

Selling Agent, Greg Jeloudev, cites the impressive building and diverse mix of trade to be an attractive proposition for an array of potential suitors.

“The Narromine Hotel Motel contains all the attributes for a successful hotel operation. The complimentary mix of gaming, accommodation, takeaway sales and F&B trade provide an interdependent and lucrative platform. The imminent lease expiry will enable the successful purchaser immediate ability to trade this impressive venue.”

The freehold interest in the Narromine Hotel Motel is being offered for sale via Expressions of Interest closing Thursday 10 November at 2pm, if not sold prior. 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 agents.

For more information contact the agent via the form below.