Sold

81-91 Byron Street,
Inverell 2360, New South Wales

12 car spaces
1,776m² land size
800m² building size
Hotel/Leisure

$1,375,000


Property details

SOLD BY RON BEKLEY OF RAY WHITE RURAL INVERELL

An outstanding commercial opportunity in the heart of the Inverell CBD. The 'Australian Hotel' Inverell has been an iconic building for over a century. Set on a prime 1776sqm commercial allotment with over 33 metres main street frontage. The lower level of the building consists of various open areas, two bars a large dining room, a fully operational commercial kitchen, beer garden/dance floor and various offices/storerooms. There is a separate commercial tenancy showing a healthy return with a long term tenant in place. The upper level of the building consists of a 2 bedroom managers residence, recreation room, kitchen, separate bathrooms and 20 accommodation rooms (showing a regular occupancy). The entire building on the lower level has multiple split system reverse cycle air-conditioners for heating and cooling including open fire places adding to the charm of the building. Rear lane access with generous off street parking, 4 car garage and a large storage shed currently leased separately for storage. Solar system installed. The property has a current liquor licence with extended trading hours making it the go to venue on a Saturday night. Full inventory available including cool rooms, commercial kitchen, furniture and so much more. The property has a large scope for expansion with some planning. The sale includes the Freehold property with a separate long term tenancies for the bar/dining area/kitchen, an adjoining tenancy, storage and the accommodation also separately managed all showing a healthy return. Genuinely For Sale as the current owners restructure their assets. For further particulars or an 'Information Memorandum' contact Ron Berkley 0417-612 660 of Ray White Inverell.

Explore the area


School catchments

  • Inverell Public School Primary K-6 Government 0.94km
  • Ross Hill Public School Primary K-6 Government 1.0km
  • Holy Trinity School Combined K-10 Catholic 1.9km
  • Gilgai Public School Primary K-6 Government 8.9km
  • Gum Flat Public School Primary K-6 Government 13.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


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