103 Hovell Street, Cootamundra, New South Wales
UNDER OFFER - Family Hotel, Cootamundra NSW - 1P0382
Freehold Going Concern - $960,000
Business Description
Quintessential freehold hotel with strong, reliable accommodation income.
MHB is proud to present for sale the freehold going concern business of the Family Hotel, Cootamundra.
Perfectly positioned within a central location, the Family Hotel is situated upon a large 2,045m2 block of Business Zoned land.
Offering multiple income streams across accommodation, bar, TAB, bistro and functions, this popular regional hotel provides the potential purchaser with diverse income sources and strong accommodation performance through the 10 guest rooms (currently 100% occupied).
Demand for accommodation is driven by ongoing local employment and regional infrastructure projects, including the $300 million upgrade to the local abattoir, supporting a large workforce and continued need for short and medium-term stays.
Key Features:
* Multiple income streams – Accommodation, bar, TAB, bistro, functions
* 10 x hotel guest rooms -100% occupied
* Situated upon approx. 2,045m² - Business Zoned land
* Proven performer with strong annual turnover
* Centrally located within the Cootamundra township
* Ongoing regional employment and infrastructure activity
* 1 x bedroom owner/Manager residence
* Private manager swimming pool with new cover
* Indicative buyers yield of approx. 19%
An excellent opportunity exists here to purchase a very well run and well-established freehold hotel with proven accommodation demand.
For more information or to make an enquiry, contact us direct on ---------- .
Business Summary
Other Features / Notes
EXCLUSIVE, FREEHOLD GOING CONCERN, Hotel, NSW - Riverina & Murray, Under OfferKey Investment Insights
1. Freehold going concern hotel under offer, presenting ownership of both business and land.
2. Large site of approximately 2,045m², zoned Business, offering potential flexibility or future development options.
3. Multiple income streams including accommodation, bar, TAB, bistro and functions, providing revenue diversification.
4. Ten guest rooms with current 100% occupancy, indicating strong and consistent accommodation demand.
5. Proven performer with strong annual turnover, signalling established cashflow and operational stability.
6. Indicative buyer yield of approximately 19%, suggesting an attractive return profile for investors.
7. Centrally located in Cootamundra township, enhancing visibility, accessibility and local patronage.
8. Demand supported by ongoing regional employment and infrastructure activity, notably the $300 million abattoir upgrade driving workforce accommodation needs.
9. Onsite one-bedroom owner/manager residence, facilitating hands-on management and reduced staffing overheads.
10. Private manager swimming pool with new cover, adding amenity value for management and guests.
