Victory Hotel - Mooball

FREEHOLD SALE BY

EXPRESSIONS OF INTEREST

CLOSING 10TH NOV 2023

INC 0 - 9 VALUABLE GMEs

The Victory Hotel Mooball is a rare opportunity not to be missed. After being held by the same family for over 50 years The Victory Hotel freehold is now presented for sale by expressions of interest. 

The Victory Hotel has been operating without Gaming Machines since November 2021, when the 9 GME's were leased to other hotels. These leases concluded in September 2023. Today a purchaser can buy the 9 valuable Victory GMEs attached to the license or offer a price for the hotel excluding gaming (with the 9 GME's to be sold to outside hoteliers).

Even without the pokie income, the 2023 year has resulted in the lessee achieving in excess of $900,000 in sales through food and beverage income streams.

The charming village of Mooball, known for its community spirit, is nestled in the valley of the Mount Warning Caldera just 20 minutes north of Byron Bay and 10 minutes from the Tweed Coast. This little pub has much on offer with good old-fashioned country hospitality in a relaxed atmosphere.

The Victory Hotel is a 2-storey brick hotel with verandah overlooking the Tweed Valley Way. A hotel that blends the outdoors with the indoors, taking advantage of the great climate, all the patron facilities and more are provided. Bar, with TAB, separate gaming room, dining room - and outdoor covered deck, swimming pool, tennis court, 6 guestrooms (not currently  in use) and self-contained licensee's unit.

On February 13th 2017 The NSW Department of Planning and Environment gave permission for the rezoning of 50 hectares of land immediately behind the Victory Hotel, to a major residential development "Sunrise Mooball" www.sunrisemooball.com.au .

The rezoning allows for approx. 250 new homes which potentially will see the village population grow from 194 to 750 residents. These lots will be in varying sizes with mixed zoning across the site allowing blocks from 450m2 to 5ha.

Opened in March 2023 the Tweed section of The Northern Rivers Rail Trail is an exciting addition to the area. A drawcard for walkers, hikers, runners and cyclists, the rail trail follows the old North Coast railway line. It will offer a unique way to explore the region while helping to preserve the area's history and heritage.

With figures of 70,000 visitors utilising it in the first 4 months, this has already had a significant impact on The Victory Hotel's trade.

Act now to secure this rare opportunity, contact us today on 0417 252 199