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UNDER OFFER - Family Hotel, Cootamundra NSW - 1P0382

Cootamundra NSW, ID 286780

UNDER OFFER - Family Hotel, Cootamundra NSW - 1P0382 1
UNDER OFFER - Family Hotel, Cootamundra NSW - 1P0382 1
Asking price:
AUD$960 000
Owner
Private Person

Сontact with me Private Person

Description

Family Hotel CootamundraMHB is pleased to present the freehold going concern business of the Family Hotel, Cootamundra, to the market.This established regional hotel combines a strategic central location with strong and reliable accommodation income. The property occupies a substantial 2,045m2 block of Business Zoned land and offers multiple established revenue streams across accommodation, bar, TAB, bistro and functions.The hotel features 10 guest accommodation rooms, currently operating at 100% occupancy. Consistent demand is supported by ongoing local employment and major regional infrastructure projects, including the $300 million upgrade to the local abattoir, generating sustained accommodation requirements for workers and contractors.Key Features:* Multiple income streams including accommodation, bar, TAB, bistro and functions* 10 hotel guest rooms, currently at 100% occupancy* Approximately 2,045m² of Business Zoned land* Proven trading performance with strong annual turnover* Centrally positioned within the Cootamundra township* Strong ongoing regional employment and infrastructure activity* 1-bedroom owner/manager residence* Private manager's swimming pool with new cover* Indicative buyer yield of approximately 19%This is an excellent opportunity to acquire a well-established and professionally operated freehold hotel with diversified income streams, a proven trading history and consistently strong demand for accommodation.

Details

Real Estate: Real Estate Included
Asking price: 960 000 aud

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