79 Massie Street, Cooma, New South Wales

Cooma Hotel, VIC - 1P0095

Leasehold $675,000

Property Description

Arguably the best inspection in the Snowy Mountains regions!

MHB are thrilled to offer to the market for sale the Leasehold Business of the Cooma Hotel.

Perfectly positioned at the gateway to the Snowy Mountains, this superb hotel has undergone a complete transformation in recent years and now offers the rare opportunity to purchase one of the region's most consistently performing businesses.

Featuring an impressive single bar operation to the main lounge area, well equipped gaming lounge offering 12 strong performing PMES, well patronised bistro with room to seat over 70, state of the art and fully equipped commercial kitchen plus a tiled and enclosed rear beer garden.

Upstairs you will find a beautifully presented function room with full bar facilities and elevator access, plus office and a lovely renovated 2 bedroom manager's residence, whilst adjacent to the hotel is a high yielding bottle shop and storage area.

Snowy Hydro 2.0 and future projects see the region, with Cooma particularly, set for over a decade of growth!

Key Features:

* Versatile income streams across beverage, food, bottle-shop and gaming
* 44% Buyers Yield (approx.)
* 12 x gaming machines – No smoking solution
* Only one of two venues in the town with GME
* 20 years (approx.) remaining on current Lease
* Fully renovated - not a thing for the incoming owner to do
* Limited local competition
* Easy to operate, midnight licence
* Bottle shop with prolific turnover
* Stunning NSW tourism location

Astute purchasers will be hard pressed to find a better leasehold opportunity in New South Wales.

A Hotel of this calibre won't be on the market for long!

Contact Dan McDonald at MHB to book an inspection today.

Property Summary

Hotel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Other Features / Notes

Feature, Hotel, Leasehold, NSW - South
Marketing Agent
McDonald Hospitality Brokers (MHB)

McDonald Hospitality Brokers (MHB)

Listing location
Gallery

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