Hotel sale - Bateau Bay

The listed Newhaven Hotels has sold the Bateau Bay Hotel to a private investor for $11 million.

The hotel, with seven bedrooms, TAB, and multiple bars is located on a 27,000sqm site on the Central Coast.

PRICE: $11m

BUYER: Private investor

SELLER: Newhaven Hotels

AREA: 27,000sqm

AGENT: John Musca and Sam Handy, JLL

Source:  The Australian - 10th April 2015