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.
For more information or to make an enquiry, contact us direct on ---------- .
Business Summary
Other Features / Notes
EXCLUSIVE, FREEHOLD GOING CONCERN, Hotel, NSW - Riverina & MurrayKey Investment Insights
1. Freehold ownership, offered as an exclusive freehold going concern.
2. Classic 1890s hotel with ongoing refurbishments, preserving period charm and functional upgrades.
3. Multiple revenue streams including bar, bistro, functions, TAB and accommodation.
4. Eight dedicated hotel accommodation rooms on site.
5. On-site three bedroom owner’s residence, enabling owner-operator convenience.
6. Large 2,045m2 Business Zoned land holding, providing operational and redevelopment flexibility.
7. Prominent central location in Cootamundra, enhancing walk-in trade and visibility.
8. Significant local demand driver, with a $300 million abattoir upgrade employing up to 1,000 workers.
9. Anticipated further accommodation demand from Riverina redevelopment joint venture for CPB and Downer, spanning late 2024 to 2030.
10. Well established and well run business, positioned to attract quick market interest.
