a/161 Sanger Street, Corowa
Premium Free Lease in Vibrant Murray River town
PREMIUM FREE LEASE
Corowa, known as the "Birthplace of Federation," is a charming rural town located in the Riverina region of New South Wales, near the border with Victoria. The town is situated along the banks of the iconic Murray River and has a strong population of approximately 5,500 people (2021 Census), offering a tight-knit community atmosphere with a rich history and vibrant tourism appeal.
Key features:
- 2-storey building in main street location
- Weekly Turnover approx. $24,000 (inc Gaming)
- Well-maintained and beautifully presented hotel
- Large and versatile 2,536sqm site (approx.)
- Comprises Public Bar, Gaming/Pool Room, Meeting Room, Saloon Bar, two Dining Areas with kitchen
- 18 upper-level Accommodation Rooms currently unused with opportunity to reactivate
- Located in Corowa, a popular Riverina town with a population of over 5,500
Rental Summary:
- Rental $1,500 + GST & Outgoings while poker machines (turnover $9,800 p/w approx.) remain on site (approx. 18 months)
- Rental $500 + GST & Outgoings once poker machines are removed
- Option to purchase freehold at set price of $550,000 from 2 years
Further details only via a signed confidentiality agreement
Corowa, known as the "Birthplace of Federation," is a charming rural town located in the Riverina region of New South Wales, near the border with Victoria. The town is situated along the banks of the iconic Murray River and has a strong population of approximately 5,500 people (2021 Census), offering a tight-knit community atmosphere with a rich history and vibrant tourism appeal.
Key features:
- 2-storey building in main street location
- Weekly Turnover approx. $24,000 (inc Gaming)
- Well-maintained and beautifully presented hotel
- Large and versatile 2,536sqm site (approx.)
- Comprises Public Bar, Gaming/Pool Room, Meeting Room, Saloon Bar, two Dining Areas with kitchen
- 18 upper-level Accommodation Rooms currently unused with opportunity to reactivate
- Located in Corowa, a popular Riverina town with a population of over 5,500
Rental Summary:
- Rental $1,500 + GST & Outgoings while poker machines (turnover $9,800 p/w approx.) remain on site (approx. 18 months)
- Rental $500 + GST & Outgoings once poker machines are removed
- Option to purchase freehold at set price of $550,000 from 2 years
Further details only via a signed confidentiality agreement
overview
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1P2939
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Premium Free Lease
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Leisure/Entertainment
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For Sale
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a/161 Sanger Street Corowa NSW
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2536 sqm