1 Land Development Properties For Sale in Engadine

ENGADINE TAVERN & ADJOINING SITES

CBRE Hotels are delighted to be exclusively appointed in offering for sale the Engadine Tavern and adjoining sites.

Key investment considerations of this opportunity include:

– Landmark suburban freehold pub – under the same ownership since 1979
– Well-diversified revenue base currently generating in excess of $7.4 million per annum
– Strategic 5,576sqm (approx.) landholding across 5 titles and 3 separate sites
– Flexible redevelopment options – B3-Commercial Core, 20 metre height limit and 2:1 FSR
– 26 gaming machines – Band 1 LGA with scope to increase to full complement of 30 mac...