173 River Street

Dougherty Property is thrilled to offer for sale the freehold interest in ‘The Clarence Hotel’. The hotel was extensively damaged by a storm in 2018; the roof was torn from the hotel during the storm and the hotel has not operated since. Prior to this, the hotel had traded successfully with the current owners first commencing at the hotel in 1990.The damaged roof of the hotel has been replaced and the building has been made weathertight and secure. The interior has been stripped out and a Development Approval has been granted by Clarence Valley Council to return the hotel to its pre-storm condition (lapsed). Property Features - Zoning: B2 – Local Centre -Prominent corner position adjacent to Clarence River - Large 1,696m2 site - Freehold property currently not operating - Interior of the hotel stripped out and ready for renovation -License Hours: 5 am to 3am Monday to Saturday & 5am to 12 midnight Sunday - 20km to the seaside town of Yamba Please contact Judithann Forrester for further information or to arrange an inspection at 0428 455 000. Information Memorandum available upon request** DISCLAIMER: Although we have taken great care in sourcing all marketing content, we cannot guarantee its accuracy at all times. We advise prospective purchasers to conduct their own searches and investigations on matters of personal or professional interest.