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Cooma Hotel, 79 Massie Street Cooma, NSW 2630

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Cooma Hotel, 79 Massie Street,
Cooma, NSW 2630

Hotel & Leisure

Price information

Sale

$495,000

Key property information

Floor area

Private inspections

to arrange a private inspection.

Map of Cooma Hotel, 79 Massie Street

Directions
  • Train stations within 5 km of Cooma Hotel, 79 Massie Street, Cooma, NSW 2630Distance
    Cooma1 km
    Snowy Junction3.2 km
    POWERED BY HERE ©
  • Bus stops within 5 km of Cooma Hotel, 79 Massie Street, Cooma, NSW 2630Distance
    Amos St Before Vale St109 m
    Amos St After Vale St150 m
    Vale St at Sharp St210 m
    Centennial Park/Bombala St (Cooma (NSW))247 m
    Cooma251 m
    POWERED BY HERE ©
POWERED BY HERE ©

Cooma Hotel - 1P4730H

Incredible NSW Leasehold Value!

Positioned at the gateway to the Snowy Mountains, this stunning Hotel has undergone a complete transformation in recent years and now offers the rare opportunity to purchase one of the regions most consistently performing businesses.

The Cooma Hotel has many features to offer the buyer including an impressive single bar operation to the main lounge area, well equipped gaming lounge offering 12 strong performing PMES, well patronised bistro with room to seat over 70, state of the art and fully equipped commercial kitchen and tiled and enclosed rear beer garden.

Upstairs you will find a beautifully presented function room with full bar facilities and elevator access, plus office and renovated 2 bedroom manager's residence, whilst adjacent to the Hotel is a high yielding bottle shop and storage area.

* 54% Buyers Yield
* 20 years remaining on current Lease
* Versatile income streams - bar, bistro, functions, bottle shop and 12 PMES
* Fully renovated - not a thing for the incoming owner to do
* Arguably the best inspection in the Snowy Mountains regions
* Limited local competition
* Easy to operate, midnight licence
* Bottle shop with excellent annual turnover

An inspection will not disappoint and astute purchasers will be hard pressed to find a better leasehold opportunity in New South Wales.

Contact Ian McDonald at CRE Brokers to arrange your appointment to inspect all this fantastic business has to offer.

Additional information

Property ID: 503581710Last Updated: 23 Jun 2020

0408 *** ***
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Cooma Hotel, 79 Massie Street
Cooma, NSW 2630

Agency contacts

CRE Brokers - Australia
CRE Brokers - Australia
Unit 4, 10 Lakewood Boulevard
CARRUM DOWNS, VIC 3201
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Ian McDonald
CRE Brokers - Australia
Cooma Hotel, 79 Massie Street Cooma, NSW 2630

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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