Young Hotel - Going Concern Freehold Opportunity with Major Upside
Located 376 km* west from Sydney and only 157 km* from Canberra, the ‘Young Hotel’ offers an opportunity to acquire an iconic regional Hotel in a town rich in history and strong economic performance. Having had strong capital gain of 11.53% for last year & 31.6% growth within a five-year period, Young is a town showing consistent growth.
Offering strong hotel trade the opportunity present numerous alternative income streams including retail and residential income. The Young Hotel is home to the only drive-through bottle shop in town and in its current form offers live music, a beer garden, multiple private function rooms, two (2) gaming entitlements and gaming room along with a private residence at one level one of the building.
The hotel is strategically located at the gateway of the city’s CBD and offers a significant landholding of 1,559sq m* which presents major refurbishment or development potential.
|n a||Private Treaty||765.00sq m||Available|