Patonga Beach Hotel buyer emerges as Central Coast builder
Building and landscaping industry operative Andrew Smith, from nearby Holgate, has emerged as the director of the purchasing company of the Patonga Beach Hotel on NSW’s Central Coast.
It was sold, five months after being listed with $10 million sale hopes. The land sale component totalled $7.35 million on its recent settlement.
Listed by the Osborne family, the Patonga Beach Hotel and the adjoining fish shop is set in the gully on the shores of Broken Bay at the mouth of the Hawkesbury River.
It is the only hotel in a 12-kilometre radius.
It is opposite the Patonga Beach ferry wharf, popular with day-trippers and visitors from the Central Coast.
Jones Lang LaSalle Hotel and Hospitality Group agent John Musca had the 1,546 square metre hotel offering.
Since 2000 Andrew Smith has headed Scape Constructions that undertakes civil construction, commercial landscaping and building.
Photo source: Facebook.