137 Sharp St Cooma, NSW 2630

$880,000

Sold at: 05-03-2021

The "Australian Hotel"

The "Australian Hotel" has been in the main shopping block of Cooma since 1858.
It is an iconic heritage façade in Cooma's landscape.
The land area is 1499 sqm with a 26.5m frontage and rear lane access.
Internally, there is an L-shaped Bar system that services 3 separate serving Bars. The two front Bars have open fires which create a cosy atmosphere in the winter.
The rear Bar serves a large dining area and an entertainment area which has a Parquetry dance floor and an entertainment platform.
The dining area is supported by a semi-commercial kitchen. A private Cocktail Bar is adjacent to the entertainment and dining area.
Upstairs are 12 accommodation rooms. Some have ensuites and some are Pub styled accommodation. The bedding is still in the rooms.
Please note: There are no Poker Machines with this hotel and the hotel is not operating at the moment.
Comment: This is a genuine opportunity to establish a retail outlet, licensed premises with a food court or a family-friendly hotel in the best position in town. The accommodation could be enhanced by the Snowy 2.0 project which is causing a shortage of accommodation in Cooma.
Price: $1,000.000
View: By Appointment.
Agent: Don Menchin 0413 028 795

Key details

  • Property Type Leisure
  • Block Size 1499 sqm
  • Date Listed 16-12-2020