The iconic Sir George Hotel, positioned along the banks of the Murrumbidgee River, has hit the market. Built in 1845, the hotel is famous for being the longest singularly held liquor license establishment in Australia, spanning over 165 years.
Located along the Sydney-Melbourne and Canberra-Wagga Wagga travel route at 320 Riverside Drive, Jugiong, The Sir George Hotel is one of Australia’s most recognised stopover hospitality venues.
The region is a popular retreat for a weekend getaway to explore the Murrumbidgee River and Hilltops Region, with recent celebrity guests including Chris Hemsworth and Matt Damon.
CBRE Hotels’ Directors, Tom Gibson and Paul Fraser have been exclusively appointed by owners Liz Prater and Kate Hufton to manage the expressions of interest campaign that closes at 12:00pm (AEDT) on Wednesday, 27 October 2021 – unless sold prior.
“This is an incredible opportunity to acquire a highly-profitable and well-positioned freehold going concern with no capital expenditure required,” Gibson said.
The hotel features a diverse and well-established operating business with 11 luxury accommodation suites, indoor and outdoor restaurant and bar, The Curators Collection retail store, the region’s most popular on-site bakery and sprawling gardens for hosting weddings and events.
“Rarely does a hotel come to the market that offers the investment protection of a strong trading history with no capex, as well as a highly strategic location. This will be a very well sought-after investment for both institutional groups and lifestyle investors,” Fraser said.
The offering also includes a four-bedroom private residence located around the corner from the hotel.