111 Comur Street,
Yass, NSW 2582
Hotel, Motel & Leisure
Key property information
Floor area
Property extent
Tenure type
Sold on
Map of 111 Comur Street
THE YASS HOTEL
- Hotel Licence with 9 PME’s
- Significant 2,028sqm* corner block
- Plenty of scope
CBRE Hotels are delighted to offer for sale the freehold going concern interest in The Yass Hotel.
Key investment considerations of this opportunity include:
– Ideal entry-level freehold or bolt-on acquisition – newly renovated hotel in the Southern Tablelands
– Highly desirable 3am Hotel Licence with 9 PME’s (current ‘held together’ market value $1.8m)
– Band 1 ‘Green Zone’ classification provides incoming purchasers with the ability to easily increase the number of gaming machines
– Significant 2,028sqm* corner block – providing future development options
– Implementation of a smoking solution will provide Yass with the only hotel outdoor gaming offering
– Potential to reactivate drive-thru bottleshop to create an additional revenue stream or repurpose the space for a creative alternate use
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 3RD OCTOBER AT 4PM (UNLESS SOLD PRIOR)
*Approx.
Key investment considerations of this opportunity include:
– Ideal entry-level freehold or bolt-on acquisition – newly renovated hotel in the Southern Tablelands
– Highly desirable 3am Hotel Licence with 9 PME’s (current ‘held together’ market value $1.8m)
– Band 1 ‘Green Zone’ classification provides incoming purchasers with the ability to easily increase the number of gaming machines
– Significant 2,028sqm* corner block – providing future development options
– Implementation of a smoking solution will provide Yass with the only hotel outdoor gaming offering
– Potential to reactivate drive-thru bottleshop to create an additional revenue stream or repurpose the space for a creative alternate use
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 3RD OCTOBER AT 4PM (UNLESS SOLD PRIOR)
*Approx.
Yass, 2582 demographic data
The median household income for Yass is $1,739, 21% higher than Regional New South Wales's household income of $1,434. Yass has a younger age profile compared to the rest of Regional New South Wales (median age 42 vs 43). Property ownership data shows 53% of property owners in Yass have a mortgage.
6,763
Population
$1,739 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
02 9333 33...
111 Comur Street
Yass, NSW 2582
CBRE - HotelsLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
