Patonga Beach Hotel Sold
JLL’s Hotels & Hospitality Group has announced the sale of the spectacular Patonga Beach Hotel.
A short drive from Sydney, the Patonga Beach Hotel, under the same ownership for 30 years, is situated on a 1546m² site with absolute beach frontage in a world class waterfront location. The business boasts established, robust on-premise food and beverage cash-flows and extensive outdoor dining and beer garden areas with the benefit of a DA for improvement. The hotel is well positioned to become an iconic destination function and dining venue and lends itself ideally to a possible future ‘Rae’s on Wategos’ style of boutique accommodation.
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