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)