95 Sanger Street, Corowa, New South Wales

SOLD - Royal Hotel, Corowa NSW - 1P0135

SOLD

Business Description

EXCLUSIVE TO MHB

Renovated Leasehold Hotel Located in NSW Regional Wine Country!

Brand New 30 Year Lease.

An exceptional opportunity exists to secure this fantastic leasehold business located in the heart of a vibrant regional centre with sweeping main street views!

The Royal Hotel, Corowa is a classic Australian hotel that has been fully renovated with all the hard work done, ready for the savvy hospitality owner operator.

Ideally located adjacent to the popular Rutherglen wine region and accompanying trade, this impressive hotel is perfectly positioned within the heart of Corowa's robust local economy of tourism, business and agriculture and is well supported by locals and visitors.

A beautifully presented venue, the Royal Hotel offers a first-class property inspection, fully equipped commercial kitchen with quality plant & equipment.

Key Features:

* Brand new 30 year lease direct from the owner
* Prominent position with sweeping main street views
* Strong and continued growth with solid annual turnover
* Situated in a robust local economy of tourism, business and agriculture
* Fully renovated and refurbished throughout
* 9 x well-appointed Hotel style accommodation rooms
* Multiple income streams across accommodation, dining, bar & functions
* Magnificent balcony with seating capacity for up to 200 people
* Spacious beer garden (undercover heated space)
* First class inspection, excellent plant & equipment
* Well supported by locals and visitors

A fabulous lifestyle opportunity to live within a historically significant river town right on the Murray, this classic Australian hotel is a must to inspect!

Contact Dan McDonald at MHB for more information.

Business Summary

Other Features / Notes

Country Pubs, LEASEHOLD, NSW - Riverina & Murray, SOLD, Sold & Settled
Marketing Agent
Dan McDonald (Managing Director)
Dan McDonald (Managing Director)

McDonald Hospitality Brokers (MHB)

McDonald Hospitality Brokers (MHB)

Key Investment Insights

1. Brand new 30 year lease direct from the owner.
2. Prominent position with sweeping main street views.
3. Strong and continued growth with solid annual turnover.
4. Situated in a robust local economy of tourism, business and agriculture.
5. Fully renovated and refurbished throughout.
6. 9 well-appointed Hotel style accommodation rooms.
7. Multiple income streams across accommodation, dining, bar & functions.
8. Magnificent balcony with seating capacity for up to 200 people.
9. Spacious beer garden (undercover heated space).
10. First class inspection, excellent plant & equipment.
11. Well supported by locals and visitors.
12. Located in a historically significant river town on the Murray River.
13. Close proximity to popular Rutherglen wine region.
14. Ideal lifestyle opportunity for owner operator.
15. Strong potential for further growth and development.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Hotels For Sale

You may also like

Large Contemporary Permanent Cairns
BRISBANE MOTEL - PASSIVE INVESTMENT
MHE Investment: Rare Opportunity, Offers Retirement Lifestyle plus Income! - 2766MHEI
Exclusive - Caretaking Only - No Licence Required - ID 9188
Exclusive - Beautiful QLD Beachside Lifestyle Business - ID 9186
Above Average Passive Investment 9% Roi on Purchase price of $1,395,000
Renovated Mid North Coast Freehold Going Concern Motel - 23 Rooms - 1P6333M
Unlock a Thriving Accommodation Opportunity: Invest in Tauranga's Arty Apartments.
Thriving Area, Excellent Returns, A Unique Management Rights Opportunity!
Undervalued Opportunity $67,900 Guaranteed Income, Prime Ground Floor Unit.
Beautiful Bayside Lifestyle Business and Great Manager Residence
Waterfront Mixed letting in Biggera Water/brilliant business !!
LARGE PERMANENT MANAGEMENT RIGHTS - $635K+ NOP BOWEN HILLS - BRISBANE | Resort Brokers ID : MR008661
Absolute Beachfront Management Rights Opportunity - Pavilion Apartments, Mount Maunganui
Well-Maintained And Easily Manage Well Presented And Maintained 25 Room Motel With Upside - 2029ML
Waterfront short-term business netting over $900k | Resort Brokers ID : MR008616
Prime Management Rights in Robina - High Returns & Modern Facilities | Resort Brokers ID : MR008617
Gold Coast Broadwater holiday MR offering a 16% ROI | Resort Brokers ID : MR008550