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Tocumwal “The Palms” Hotel Motel

Tocumwal “The Palms” Hotel Motel

Leasehold - $695,000

Tocumwal "The Palms" Hotel Motel, NSW - 1P0074


Dan McDonald


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Tocumwal “The Palms” Hotel Motel

Leasehold - $695,000


Unique NSW Gaming Leasehold Hotel Motel on the Mighty Murray River!

Buyers take note, this standout offering delivers a net profit after rent of approx. $105,000 per year on poker machine profits alone. Then, boasting bar, food, accommodation and pizza/take-away offering essentially rent free!

This iconic Leasehold country Hotel Motel is perfectly located close to the banks of the mighty Murray River in one of the most sought after tourist destinations in NSW.

Offering a classic country hospitality venue, the Tocumwal Hotel Motel (“The Palms”) offers the potential purchaser many features including a spacious open plan public bar, 5 x PME, TAB, lounge, bistro/dining/function, commercial kitchen, pizza / take-away, footpath trade, 2 x beer garden areas plus 8 motel style accommodation rooms.

A very comfortable 3-4 bedroom family residence compliments this rare opportunity, complete with a large carport, 4 car lock up garage and private yard.

Well-appointed and meticulously presented, the Tocumwal Hotel Motel is the complete modern hospitality operation.

A must to consider!

Key Features:

* Diverse revenue streams across gaming, food, beverage and accommodation
* Gaming revenue of approx. $100,000 per annum after tax
* Public bar, 5 x PME, TAB, bistro, function, lounge
* Footpath trade, 2 x beer gardens + ample on street parking
* Located in a very popular tourism location close to the Murray River
* Excellent plant & equipment
* 3-4 bedroom family residence
* Excellent CUB rebate contract

Inspect with confidence. You will not be disappointed!

Contact Dan McDonald at MHB to arrange a viewing of this outstanding regional NSW leasehold Hotel.

Agent Details

Dan McDonald | 0437838368

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