This charming mixed use freehold is currently utilised as a Pub with a favourable mix of various amenities such as Bar, Large Courtyard, Games Room, Famous Italian Restaurant ‘Cellinis’, Cellar, 2 Large Scale Dining Rooms as well as 28 Boutique Federation Style guest rooms spanning across three levels.

For sale through Nick Lower and Selin Ince of Savills Hotel Team, the site has R2 Low Density Residential zoning, on-street parking and numerous off-street carparking spaces at rear and significant value add potential (STCA)

According to Nick Lower of Savills Australia, Grand Neath hotel should be of appeal to many astute owner occupiers and investors, considering its significant building size as well as the added bonus of an operating liquor licence until 2:00am.

Selin Ince of Savills Australia said that the added bonus of 28 accommodation rooms across the upper levels of the freehold, add for an increase in revenue stream, further aiding the fact that this asset is a trophy investment in any portfolio. The scarcity of freeholds of this size, as well as the demand for assets of the like in the pocket – will mean that the asset is going to achieve a record result.

“Contrastingly, other investment classes have experienced exposure to the volatility of global issues & trends and subsequently have resulted in less desirable returns. Over 2020 and 2021 Pubs and Accommodation have emerged as a standout sector, outperforming core asset classes such as office and retail” he said.

The asset will be offered for Sale via Immediate Private Sale.

*Approximate