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Hotel Delany, Cooks Hill NSW

Key Investment Considerations Include:

Widely considered one of Newcastle's most coveted hotels.

1,684sqm* retail footprint on the ever popular Darby St - Newcastle's 'eat street' - comparable to Sydney's Crown St, Surry Hills.

Sale includes Hotel Licence with 22 Poker Machine Entitlements - OLGR approved to 2am.

Current weekly revenues in excess of $103,000 per week.

Proximate to Newcastle's $750m landmark 'East End' Project (13-minute walk) set to transform the Newcastle City Centre and attract more than 5,000 new residents, mixed business and retail tenants across four separate stages.

Council carpark at the rear of the hotel offering convenience and security for patrons.

Favourable planning controls including B4 Mixed Use zoning, 2:1 FSR, 14m Height Limit.

Hotel offers substantial opportunity to reconfigure and re-position in light of Newcastle's resurgence and significant recent government investment.

Address 134 Darby St, Cooks Hill
Price SOLD
Property Type Commercial
Property ID 52
Category Hotel/Leisure
Land Area 1,684 m2
Office Area 1,684m2

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Agent Details

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Deane Moore

0403 5555 88
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