Cowra, New South Wales

409ML - Reposition and Profit!

SOLD

Business Description

- Solid Central West Town

- 4 hours west of Sydney

- 25 mostly ground floor rooms

- Unused Licensed restaurant to immediately grow sales

- Situated on the edge of the CBD

- 26 years left to run on the Lease

This property has great "bones" and is ready to be taken to the next level. Long term lease and reasonable rent. It just needs a push along in the right direction to capitalise on the location and the offer.

The previously popular restaurant has closed and presents as another opportunity to add sales and profits.

In addition to the main two bedroom residence there is an adjoining one bedroom self-contained unit, which could be Leased out or used for members of an extended family.

Take a closer look at this opportunity and make it yours.

Net Profit $102,753 for 2017/18 based upon industry averages

Contact Peter McHugh from Tourism Brokers for further information or to arrange an inspection.

Property ID: 409ML (quote when enquiring)



Location: Cowra is a town of 9,500 people situated on the Lachlan River, 320 km west of Sydney at the junction of the Mid Western and Olympic Highways. It is the commercial and administrative centre of a shire in which the major industries are livestock, wool scouring, vegetable growing and processing, vineyards, furniture making and tourism.

The Cowra region has so much to offer everyone and there is always plenty to do. You will encounter beautiful parks and gardens, the flowing Lachlan River, national parks and some of the best wine and food in Australia.

Cowra has a vibrant and expanding retail and commercial centre. It boasts the services and facilities you would expect to find in a larger town while still retaining that wonderful feeling of country hospitality. It is also centrally located and easily linkable to the rest of the state with direct lines to all major cities in south eastern Australia.

Property Code: 2860

Business Summary