Under Offer - Family Hotel, Cootamundra Nsw - 1p0382
103 Hovell Street, Cootamundra, New South Wales 2590
Freehold Going Concern - $960,000
Key Features
AI generated. Contact seller to confirm.
- Multiple income streams: accommodation, bar, TAB, bistro, functions
- 10 guest rooms, currently 100% occupied
- Situated on approx. 2,045m2 business-zoned land
- Proven performer with strong annual turnover
- Centrally located within Cootamundra township
- Indicative buyers yield of approx. 19%
- Turnover: Not disclosed
- Net Profit: Not disclosed
- Rent/Lease: Not disclosed
- Stock Value: Not disclosed
- Established: Well-established
Business Details
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 XXXXXXXXXX .
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 XXXXXXXXXX .
Other Features / Notes
EXCLUSIVE, FREEHOLD GOING CONCERN, Hotel, NSW - Riverina & Murray, Under OfferWhat's Nearby
Nearby Locations
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.