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1 Coonamble St
Collie NSW 2827
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1 Coonamble St Collie NSW 2827

  • Hotel, Motel, Pub & Leisure
  • 4,295 m²
  • For Sale, Contact Agent

30% Yield Pub Opportunity In The Heart Of A Highly Affluent Location

  • 30% Yield
  • Accommodation development potential
  • Chef and managerial team in place

Strategically positioned off the edge of the busy Oxley Highway, the Collie Hotel runs as the ONLY pub in town providing a one stop, food & beverage, accommodation and events destination for many locals, freight drivers and tourists traveling Central West NSW.

With a popular reputation, social media presence and large merchandise outlet people come from all around Australia to visit the famous pub. Hosting many events such as rodeos, car shows and live music concerts - the pub thrives off having no competition.

The hotel features a bar & restaurant, large front and rear beer gardens, country style rooms sleeping 14 guests in total and a owners/manager's residence which has three well-sized rooms and large open living areas.

The hotel has shown year-on-year growth, the turnover for the most recent financial year was circa $1,800,000.

The pub is a freehold going concern, there is a very reliable managerial team which is currently running the business and are happy to stay on. They have a sponsored chef on a 4 year deal who lives on site with head managers and 13 rotating bar staff. The managerial team go above and beyond, are reliable and very enthusiastic staff which suit the pubs character. The owners have set up the managerial team, so it's essentially "hands free."

Being literally the ONLY pub in that town, with no competition and being situated on the major highway, the pub thrives off the surrounding affluent environments of large cotton farms, cattle stations and the passing traffic of trucks and holiday goers. There is a wind farm and inland rail going in near the town in the coming 6 months which will bring additional clientele from contractors and maintenance workers for years to come. They are almost always booked out in accommodation with 99% occupancy rates year-round - there is plenty of land out the back to expand accommodation with cabins/motels to fulfil this constant demand (which was the owners next plans).

With its affluent trading reputation, minimal operational cost and popularity amongst the central west community, the asset is perfect for any astute investor and/or owner occupier to add to their portfolio, creating a passive investment with rapid cash flow amongst immense generational wealth.

Savills Sydney
Savills Sydney
Level 25/1 Farrer Place
Sydney, NSW 2000
Hugo Weston
Hugo Weston
0429 897 111

Property Highlights

Floor Area4,295 m²
Land Area4,295 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019512751
Category
Last updated  24 Sep 2024
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Savills Sydney
Savills Sydney
Level 25/1 Farrer Place
Sydney, NSW 2000
Hugo Weston
Hugo Weston
0429 897 111

Property Highlights

Floor Area4,295 m²
Land Area4,295 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityVacant
Property ID2019512751
Category
Last updated  24 Sep 2024

Listed by

Hugo Weston
Hugo Weston
Savills Sydney
Call
0429 897 111

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