Investment Hotel Auction - New Albury Hotel (Beer DeLuxe), Albury

SOLD

Australian Venue Co. (AVC) Tenanted Investment in Major Regional Centre

FerrierSilvia, as Liquidator Appointed has exclusively engaged Manenti Quinlan & Associates, in conjunction with D.J. May Real Estate, to market the freehold investment of the iconic New Albury Hotel (Beer DeLuxe Albury).

- Expansive Iconic Hotel set over 5 levels
- Prominent position in the heart of the Albury CBD and adjacent to the West End Plaza
- A-Grade tenant (AVC) with 177 venues across Aus and NZ
- Annual rental of $540,053 + GST & Outgoings (approx.)
- Includes Hotel Licence and 15 valuable Gaming Machine Entitlements
- Large 2,013m2 block (approx.) with rear lane access & parking
- Strong regional Evocity with a population of circa 100,000 across Albury-Wodonga
- Rare offering of this calibre in this sought-after investment sector

Auction: On-site, 18 March 2022 at 3:00pm


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