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Exchange Hotel, 63-65 Summerland Way Kyogle, NSW 2474

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Exchange Hotel, 63-65 Summerland Way,
Kyogle, NSW 2474

Hotel, Motel & Leisure • Development Sites & Land

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Map of Exchange Hotel, 63-65 Summerland Way

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Exchange Hotel For Sale

  • Substantial 2,250sqm* corner allotment
  • 20 x accommodation rooms
  • Northern Rivers region
- Large food and beverage hotel operation featuring; commercial kitchen, public bar, bistro, 20 pub-style accommodation rooms, three fully leased commercial tenancies, a popular beer garden, and surplus land holdings
- Outstanding entry-level hotel located in the Northern Rivers region, offering both lifestyle appeal and strong economic fundamentals
- 20 pub-style accommodation rooms with immediate value-add potential through renovation and targeted promotion - strong local demand from workers employed in regional beef processing facilities
- Strong annualised revenues of approximately $2,255,000, with excellent upside potential for a more hands-on operator
- Three (3) fully leased commercial tenancies generating circa $35,000 per annum in passive income
- Excellent outdoor entertainment area/beer garden and large rear car park supporting both patron and event activity
- Significant underlying land value with a substantial 2,250sqm* corner allotment across three (3) titles in Kyogle’s CBD - development and/or subdivision potential with 1,600sqm* of undeveloped land on a separate title
- Prominently positioned in the heart of Kyogle’s CBD, offering extensive frontage of approximately 130 metres across three street frontages
- The Kyogle Local Government Area (LGA) has an estimated population of 9,468* - located in prime cattle-grazing country, agricultural land values in the region have grown by an impressive 19.1% per annum over the past five years (source: MLA)

*Approx.

Additional information

Kyogle, 2474 demographic data

2,248
Population
$939 per week
Median household income
47 years
Median age
Owners
Most residents
Families
Most households
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Exchange Hotel, 63-65 Summerland Way
Kyogle, NSW 2474

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