Circa 1906 magnificent 2 story hotel on the Newell Highway Consisting of bar, lounge, 35 seat dining room (trades 7 days week), commercial kitchen, outside bar, 4 guest rooms downstairs (need work), 11 rooms upstairs (fully booked at listing) plus 2 BR managers flat 4 poker machines installed early 2023 already showing good returns. NB. Lessee to pay additional lease costs of $100,000 + GST for 4 machines yearly for a period of 3 years when a further lease period can be negotiated Licences - 1am. Monday to Wednesday, 3am. Thursday to Saturday, 10pm. Sunday Restaurant opening hours -12 2pm lunch, 6 9 dinner, 7 days week Accommodation scarce in West Wyalong with the Lake Cowal gold mine increasing their workforce
Offering 15 year lease $25,000 + stock. Base year Rental $1500 + outgoings
Inspections
No open inspections scheduled.
Send an enquiry
Contact Peter Campbell to learn more about this property, request an inspection or take an online tour.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.