The Royal Hotel, Cumnock
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36 Obley Street, Cumnock NSW 2867

$390,000

BusinessSize: n/a
This business opportunity would well suite a couple or family with onsite accommodation.  
The Royal Hotel is in the village of Cumnock just 40 minutes to Orange, on the tourist drive “Animals on Bikes”, to Western Plains Zoo
With established bar, bistro and accommodation revenue streams, plus recently approved TAB and Keno. Pool room with Duke Box.
Hotel includes one tidy bar operation, 8 rooms for accommodation (sleeps 12) , fully self-contained and renovated 3 bedroom Managers Residence and a second fully self-contained 2 bedroom unit.
The Hotel sits on almost one acre (4793m2 block), 15kw solar system, bore water and covered outdoor area. Plenty of scope for the astute buyer.
The Bistro is contracted out and operates Wednesday to Sunday, plus functions.
The Royal Hotel was built in 1892 by R J Barrowman, and has proven over the years to be a figurehead of Cumnock town centre.
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Key details

Property Type:Business
Lot:1
Plan Type:DP
Plan:301953
Stamp Duty:$11,985*
*These are approximate values based on available information.
Molong Real Estate

Maps and area information

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Block information
Legal description: 1//DP301953
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Property history
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You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
12 Dec 2013
Sold
$315,000
Contract: 28/10/2013
Transfer: 12/12/2013
Block size: 4793m²
Transfer type: Full transfer
Purpose: Pub/hotel
07 Feb 2005
Sold
$355,000
Contract: 23/12/2004
Transfer: 07/02/2005
Block size: 4793m²
Transfer type: Full transfer
Purpose: Hotel
07 Feb 2005
Sold
$235,000
Contract: 03/02/2005
Transfer: 07/02/2005
Block size: 4793m²
Transfer type: Full transfer
Purpose: Hotel
08 Feb 1999
Sold
$240,000
Contract: 17/12/1998
Transfer: 08/02/1999
Block size: 4793m²
Transfer type: Full transfer
Purpose: Hotel

Suburb and property insights

Median salesMedian sales
Median Sale Price For Cumnock
$280,000
Average Age
50 years
Population
443
Cumnock's Property Profile
Cumnock's Occupancy

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Molong Real Estate

Molong Real Estate

View agency detailsKerry ConnellyMolong Real Estate
Please send me information on 36 Obley Street, Cumnock NSW 2867
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$390,000
36 Obley Street
Cumnock NSW 2867
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Listing ID: 174947179. This listing has been viewed 105 times. It was first displayed on 15/02/2018 and last updated on 15/02/2018.
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