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Hotel Adelong

Price:$480,000.00
Poker Machines:0
Rooms to Let:10 Hotel style rooms
Bars:single bar operation
Construction:Two storey brick
Residence:3 bedroom self contained
Weekly Sales:Currently not trading

A whole lot of land & Building

Freehold including Hoteliers License: $480,000 - Currently closed.

The bones are all here to take this property in any direction.

You get a whole lot of land and building for the price.

Ground floor includes a full working liquor bar, saloon area, games room, dining room and kitchen.

First floor contains a comfortable self-contained 3-bedroom unit and 10 guestrooms.

The picturesque village of Adelong is nestled in the hills of the South- West Slopes, some 15km west of Tumut. The town's history was influenced by the discovery of gold in 1857 and nearby Adelong Falls provides a fascinating insight to mining around this time.

The Visy Pulp and Paper Mill midway between Adelong and Tumut, together with Snowy 2.0 construction has proven to be a boom for the district. There is little vacant housing in Adelong and demand is resulting in population growth.

Tourism has been an ever-increasing factor in the local economy. Year round The Snowy Mountains Highway provides access from western NSW; during winter to the ski slopes, autumn the local "Festival of the Falling Leaf" occurs, summer and spring  for water sports, fishing and bush walking.

State tourism figures indicate that there are approximately 100,000 visitors each year to the area.

Your investment is underpinned by the asset.

Chris Tinning & Company
117 Byrnes Road
North Wagga NSW 2650
Ph: +61 (02) 69 710032
Fax: +61 (02) 69 710032