HTL Property Unveils Goulburn Leasehold Hotel Portfolio Opportunity

HTL Property is pleased to present for sale a rare portfolio of three leasehold hotel assets in Goulburn — the Southern Railway Hotel, Empire Hotel and Gordon Hotel — offered either individually or collectively via an Expressions of Interest campaign closing 4:00pm (AEST) Wednesday, 22 April 2026 (unless sold prior).

The offering provides operators with a unique opportunity to secure immediate scale in one of regional New South Wales tightly held and consistently performing hotel markets, underpinned by diversified income streams, established trading performance and long-term lease security.

HTL Property’s Blake Edwards said the portfolio represents a rare opportunity to acquire multiple assets within a single high-performing regional market. “Goulburn continues to demonstrate resilient trading conditions, supported by its strategic position and diverse economic base, which underpins consistent hotel performance.”

Ben Kennedy added that the flexibility of the offering will appeal to a broad range of buyers. “The ability to acquire these assets individually or collectively creates genuine optionality for both private operators and larger groups, with further upside available through operational alignment and targeted capital improvements.”

Collectively, the portfolio comprises three complementary hotel operations:

• Southern Railway Hotel – A character-rich asset positioned opposite the railway station, featuring 9 gaming machine entitlements (with 3 currently leased out), 18 accommodation rooms and a manager’s residence, with strong value-add potential through refurbishment and improved utilisation
• Empire Hotel – A high-performing CBD venue comprising 18 gaming machine entitlements (with 3 leased in), offering a significant gaming footprint and clear upside via the introduction of a bistro and further optimisation of accommodation
• Gordon Hotel – A well-rounded hotel with 9 gaming machine entitlements, delivering consistent performance

Each asset benefits from long leasehold tenure (circa 28–31 years remaining) and valuable Band 3 Poker Machine Entitlements, providing both income security and a defensive gaming position.

Mr Edwards noted the strength of the underlying market fundamentals, highlighting Goulburn’s role as a key regional hub supported by a diverse economy and consistent visitation.

Mr Kennedy added: “Goulburn’s strategic positioning between Sydney, Canberra and Melbourne continues to drive strong and consistent trade, capturing both commuter and intercity traffic. When combined with an excellent pub-to-population ratio of approximately one hotel per 4,200 residents, the market offers a highly sustainable and compelling environment for long-term hotel investment.”

The Goulburn Mulwaree LGA attracts approximately 909,000 visitors annually, generating an estimated $281 million in tourism expenditure, further reinforcing the depth of the local hospitality market.

Inspections are strictly by appointment.

For further information or to arrange an inspection, please contact the exclusive agents.

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*Approx.