Hotel Adelong, 65 Tumut Street,
Adelong, NSW 2729
$480,000 excluding GST
Key property information
Map of Hotel Adelong, 65 Tumut Street
Bus stops within 5 km of Hotel Adelong, 65 Tumut Street, Adelong, NSW 2729 Distance Adelong Coach Stop, Neill St 100 mPOWERED BY HERE ©
Hotel Adelong - A whole lot of land & building
- Ideal for a "Fixer Upper"
- Hway location at the foot of the Snowys
- 4 hrs Sydney, 2 hrs Canberra
The bones are all here to take this property in any direction.
You get a whole lot of land and building for the price.
Ground floor includes a full working liquor bar, saloon area, games room, dining room and kitchen.
First floor contains a comfortable self-contained 3-bedroom unit and 10 guestrooms.
The picturesque village of Adelong is nestled in the hills of the South- West Slopes, some 15km west of Tumut. The town's history was influenced by the discovery of gold in 1857 and nearby Adelong Falls provides a fascinating insight to mining around this time.
The Visy Pulp and Paper Mill midway between Adelong and Tumut, together with Snowy 2.0 construction has proven to be a boom for the district. There is little vacant housing in Adelong and demand is resulting in population growth.
Tourism has been an ever-increasing factor in the local economy. Year round The Snowy Mountains Highway provides access from western NSW; during winter to the ski slopes, autumn the local "Festival of the Falling Leaf" occurs, summer and spring for water sports, fishing and bush walking.
State tourism figures indicate that there are approximately 100,000 visitors each year to the area.
Your investment is underpinned by the asset.
Property ID: 504052579Last Updated: 20 Jul 2022
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