Rare Parramatta LGA Licence & PMEs – FOR SALE

09 September, 2019 by The Shout Team

JLL has been exclusively appointed to sell the former Argyle Hotel Licences and Permits in the Parramatta LGA.

It provides an extremely rare opportunity for greenfield or brownfield development in one of NSW’s highest performing gaming LGAs. Ideal for Operators keen to capitalise on recent, undeniable successes in “ground-up” tavern construction projects (STCA).

Hotel Assets in the Parramatta LGA are typically tightly held, generational assets due to strong underlying fundamentals across traditional revenue centres. Representing potentially the last opportunity to secure such a large parcel of gaming assets in the LGA, we expect there to be a huge level of interest in advance of the Tender period coming to its climax.

On Offer:

  • Full Hotelier’s Licence
  • 15 Poker Machine Entitlements
  • 14 Poker Machine Permits
  • Band 2 – Metropolitan (Parramatta LGA)

For Sale by Formal Tender Process

Closing Tuesday 24 September 2019 at 3pm
Acceptance Tuesday 1 October 2019

Contact Us:

Nick Butler – NSW
Senior Vice President
M: 0458 672 643
Email: nick.butler@ap.jll.com

John Musca – NATIONAL
National Director
M: 0424 257 004
Email: john.musca@ap.jll.com