103 Hovell Street, Cootamundra, New South Wales
FREEHOLD - Family Hotel, Cootamundra NSW - 1P0382
Freehold Going Concern - $960,000
Business Description
Classic Freehold Australian Hotel within a booming NSW country town.
The Family Hotel Cootamundra is exactly that, a venue with something to offer for everyone.
You couldn't ask for a better location for a classic Aussie pub, Cootamundra is firing on the back of the huge $300 million update to the abattoir engaging up to 1000 strong work force.
This charming 1890's property has been refurbished over its time and in addition, 8 very smart accommodation rooms put the family hotel set to succeed in conjunction with food, beverage and a TAB in place.
This property has on offer a well sized 3 x bedroom owner's residence set upon a large 2,045m2 Business Zoned block.
Key Features:
* Situated upon approx. 2,045m2 of Business Zoned land
* Revenue streams across bar, bistro, function TAB & accommodation
* Booming NSW Town of Cootamundra home of AMG employing up to 1000
workers with $300 million upgrade
* Further accommodation & worker influx across the Riverina redevelopment
joint venture for CPB contractor & downer seeking accommodation from late
2024 – 2030
* Prominent central location
* 3 x bedroom family residence
* 8 x hotel accommodation rooms
This is a very well run and well-established business. A property of this nature will not last long on the market.
Contact Dan McDonald, the Exclusive Agent, direct for more information.
Business Summary
Other Features / Notes
EXCLUSIVE, FREEHOLD GOING CONCERN, Hotel, NSW - Riverina & Murray
Key Investment Insights
1. Prime location in a booming NSW country town, Cootamundra.
2. Strong revenue streams across bar, bistro, function TAB, and accommodation.
3. Charming 1890's property with 8 well-maintained accommodation rooms.
4. Large 2,045m2 Business Zoned block.
5. Opportunity for further growth and revenue with the upcoming Riverina redevelopment joint venture.
6. Prominent central location.
7. 3-bedroom owner's residence included.
8. Well-established and well-run business.
9. Exclusive agent for the sale.
10. Freehold going concern.