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89 Lynch Street
Young NSW 2594
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Sold on 26 Nov 2021

89 Lynch Street Young NSW 2594

  • Hotel, Motel, Pub & Leisure
  • 765 m²
  • Sold

Young Hotel - Going Concern Freehold Opportunity with Major Upside

  • Zoned B4 Mixed Use
  • Only Drive-through Bottle Shop in Young
  • Residential Accommodation Available

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.

- Zoned B4 Mixed Use
- Site area of 1,559sq m*
- Profit (Year 2020): $117,605*
- Two (2) Gaming Machines
- Drive through bottle shop
- On-site carparking
- Young population: 11,672*

*Approx.

Savills Sydney
Savills Sydney
Level 25/1 Farrer Place
Sydney, NSW 2000

Property Highlights

Date Sold26 Nov 2021
Floor Area765 m²
Land Area1,559 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017157884
Category
Last updated  8 Mar 2024
Map for 89 Lynch Street Young NSW 2594

Nearest transport* to 89 Lynch Street Young NSW 2594

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Savills Sydney
Savills Sydney
Level 25/1 Farrer Place
Sydney, NSW 2000

Property Highlights

Date Sold26 Nov 2021
Floor Area765 m²
Land Area1,559 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2017157884
Category
Last updated  8 Mar 2024

Co-Agents

Selin Ince
Selin Ince
Savills Sydney
Call
0410 538 779

More about 89 Lynch Street Young NSW 2594

89 Lynch Street Young NSW 2594 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 765 m² and a land area of 1,559 m². The listing ID for this property is 2017157884.

More Hotel, Motel, Pub & Leisure properties for Sale in Young NSW

Sold
89 lynch street,young, NSW 2594
765 m²
Hotel, Motel, Pub & Leisure