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32 & 40 Tambrey Drive Nickol WA 6714

  • Hotel / Leisure
  • 850 m²
  • For Sale, For sale by Offers to Purchase

TAMBREY TAVERN

  • 2.59Ha* landholding
  • 850sqm* retail superstore
  • 1,000 person liquor licence

CBRE Hotels is pleased to present to the market the Tambrey Tavern a consistently strong performing hospitality asset in the northwest offering a significant landholding and a large 850sqm* retail liquor superstore trading seven days a week.

Located within the regional town of Karratha, the local population has grown 31% over the last ten years with an increase of 27% in families who call Karratha home. As well as the growth in local population, the venue is set to benefit from the recent uptick in the resources sector with several major construction projects recently announced, drawing thousands of construction workers to the region over the next five years.

- An established tavern comprising a bistro, beer garden, TAB wall and function centre
- 13,180sqm of surplus land with future development upside
- FY19 total revenue $13.28M*
- Recently ceased trading restrictions removing risk to future revenue
- $65B* of upcoming project pipeline creating an additional 14,000* strong construction workforce over the next five years

The Tambrey Tavern is for sale by Offers to Purchase closing Friday 4th October 2019.

Property Highlights

Property ID2015614561
Floor Area850 m²
Land Area2 ha
ParkingAsk Agent
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  4 Sep 2019
Map for 32 & 40 Tambrey Drive Nickol WA 6714
CBRE Hotels
Level 21 363 George Street Sydney NSW 2000

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