Key Investment Insights
AI generated. Confirm details with the seller.
1. Leasehold classic country hotel listing, with freehold purchase option also available.
2. Located in Parkes, Central West NSW, a strong agriculture and mining town providing stable local demand.
3. Close association with major tourist draw "The Dish", supporting year-round visitor interest.
4. Significant event-driven demand from the annual Elvis Festival, which attracts approximately 25,000 visitors.
5. On-site accommodation comprising 13 motel rooms with lounge area and 3 communal bathrooms, supporting overnight stays and group bookings.
6. Owner residence on the second storey, 2 bedrooms with kitchen, lounge and bathroom, facilitating on-site management.
7. Commercial-grade kitchen, cosy dining area and spacious public bar providing full food and beverage operations capability.
8. Rear beer garden offering outdoor service space, suitable for events and increased patron capacity.
9. Well-suited to an owner-operator model seeking to capture untapped growth and improve returns.
10. Classified as a hotel/bar in NSW Central and North West region, aligning with regional licensing and market positioning.