1 Coonamble Street

Collie NSW 2827

It's a privilege to exclusively bring to market the freehold of the very well known Collie Hotel. The hotel features a bar & restaurant as well as four renovated rooms at the rear of the property. The owners also have and are continuing to completely renovate internal and external parts of the property. The open seating area at the front has a newly built kids' playground as well as newly renovated gardens and lawns. The property also has a separate home for the new owners which has three well-sized rooms and large open living areas.

The hotel is the central meeting point for all locals but is also a huge tourist attraction being located on a major thoroughfare. The guests of the motel and hotel daily consist of tourists passing by and grabbing a meal for lunch and dinner and some paraphernalia from the hotel which adds to the business figures turnover with limited operational costs.

The hotel has shown year-on-year growth and also traded well through COVID. The turnover for this current financial year is well in front of last year's turnover of $1,475,406 and an adjusted net profit of $334,020. The location also adds to year-round consistent trading with seasonal workers from pickers to shearers, and solar farm workers constantly working in the district for extended periods. This constant trade in the motel rooms does create an argument for making more rooms for motel guests with new owners.