Sold for $1,100,000
154 Pound Street
Offered for sale for the first time in over 55 years is the iconic Jacaranda Hotel in the CBD of Grafton. This substantial freehold hotel sits upon approximately 2,037m2 (1/2 acre) of land zoned B3 Commercial Core and R1 General Residential on one of the most prime corners in Grafton. The hotel comprises 2 bars with central operation, kitchen, dining room, beer garden, 11 rooms plus managers quarters. Continue to operate as the existing hotel or come up with your own ideas for the site (STCA) but get in quick as opportunities like this don’t come along very often. The hotel is being offered for genuine sale by expression of interest.
The hotel is not currently trading and figures are not available however the liquor licence will be transferred to the incoming purchaser as part of the sale.
Manager & Sales Agent
0447 528 502