If you are looking for the elusive hotel in a "one pub town" and an easy drive to a major regional centre, this is it! Our owners have very successfully developed a local bar trade and an accommodation business. We believe there is a coffee shop window opportunity too. Hotel Koorawatha was originally established in 1886 on a nearby creek before relocating to its present location with excellent Olympic Highway frontage.
The bar has a recently installed latest inverter technology (energy saving) for cool rooms and glycol system and adjacent cool room storage for easy access. The bar also serves a dining room and beer garden, keeping conversation friendly and also limiting operation costs.
The large part covered beer garden on the sheltered Eastern side of the building has a guest BBQ and plenty of room for young families, and entertainment.
There are 8 hotel style guest rooms at Hotel Koorawatha with 3 shared bathrooms, and a separate share coffee lounge. Guests have the benefit of a classic first floor veranda as well. The proprietors have a one bedroom residence with refurbished kitchen, a lounge, laundry and amenities, and a large private enclosed yard, and generous sheds.
Koorawatha is located about 20 minutes drive from Cowra and 35 minutes' drive from Young, and a short drive to the Koorawatha Nature reserve with its water falls and prolific birdlife. The hotel adjoins a community hall which offers free camping areas for caravanners. There is little to spend, and a lot to like about this opportunity.
We strongly recommend an inspection.
Asking: $575,000 + stock freehold.
