Two more regional pubs sell
Two more regional New South Wales hotels have traded.
In the Macarthur region, sisters Jennifer Ryan and Trish Murray are banking close to $40 million, according to sources, for the Tahmoor Inn Hotel & Motel.
On 2.9 hectares, there is a bar, bistro, function rooms and gaming room with 24 electronic gambling machines.
There are also 14 guest suites.
HTL Property’s Blake Edwards and Dan Dragicevich brokered the deal, to a Sydney syndicate.
The Ryan family held the asset 36 years.
Gunnedah Hotel sells
Meanwhile at Gunnedah, about 75 kilometres west of Tamworth, Peter De Angelis – Arthur Laundy’s nephew – is paying a speculated price of over $8.5m for a double storey brick hotel on 3000 square metres (story continues below).
The Gunnedah includes a bar, several dining areas and 12 EGMs.
There are also 28 guest suites.
JLL’s Kate MacDonald and Greg Jeloudev, represented the vendor, Dan Whitten, who acquired it in 2018, then renovated.
The price landed within guide, Ms MacDonald said.
“Our vendors should be extremely proud of what they have achieved in Gunnedah, and we look forward to the new owners taking the keys in due course,” she added.
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