Mona Vale Hotel listed for sale

Mona Vale Hotel listed for sale
Mona Vale Hotel listed for sale

The Mona Vale Hotel is being offered for sale.

The hotel has been owned by the Fernwood consortium for the past two decades, attracting about $10 million in sales per annum.

It is listed through Ray White Hotel's Asia Pacific director, Andrew Jolliffe, and Mike Wheatley, director of hotels for Knight Frank.

It is being marketed as a "truly large-format hotel built over multiple levels and situated at one side on busy Pittwater Road, which connects the entire northern beaches, and on the other side the hotel shares a boundary with a major shopping centre and the Mona Vale retail precinct".

The hotel has a 500 person capacity first-floor bar, function room and balcony.

It has a 600 people live band venue called The Attic with shows in the past including Wolfmother, Dappled Cities Fly, The Celibate Rifles, Sneaky Sound System, The Goons of Doom, and Dave Graney.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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