103 Hovell Street, Cootamundra, New South Wales
FREEHOLD - Family Hotel, Cootamundra NSW - 1P0382
Freehold Going Concern - $995,000
Business Description
EXCLUSIVE TO MHB
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 at MHB direct on ---------- for more information.
Business Summary
Other Features / Notes
Country Pubs, EXCLUSIVE, FREEHOLD GOING CONCERN, NSW - Riverina & MurrayKey Investment Insights
1. Prime location in a booming NSW country town with a strong economy.
2. Diversified revenue streams including bar, bistro, function, TAB and accommodation.
3. Refurbished 1890's property with 8 well-maintained accommodation rooms.
4. Large 2,045m2 Business Zoned block with potential for further development.
5. Strategic positioning in the town of Cootamundra, home of AMG and the $300 million abattoir upgrade.
6. Potential for increased accommodation demand from the Riverina redevelopment joint venture.
7. Prominent central location with high visibility and foot traffic.
8. Includes a spacious 3 bedroom owner's residence.
9. Well-established and well-run business with a strong reputation.
10. Exclusive listing with MHB, a reputable and experienced business brokerage.
