13 Obley StreetCumnock NSW 2867
Property Details for 13 Obley St, Cumnock
Last Listing description (September 2023)
The Royal Hotel is a commanding two storey hotel, prominently situated in the charming village of Yeoval.
With price now reduced to $840,000 and an annual profit of $180,000+, along with an additional block; The Royal Hotel presents many opportunities to the astute buyer.
Less than 300kms south-west of Sydney, Yeoval is surrounded by rich agricultural land known for its production of fine wool, wheat, orchards, canola, vineyards, beef cattle and fat lambs. Part of the popular Animal on Bikes trail Yeoval attracts visitors with its rich history, sculptures and museums. Birthplace of Banjo Patterson, it has much to offer.
The Royal Hotel retains many of its original features including the pressed metal ceiling in the bar and imposing timber verandah, this hotel is popular with locals and the many visitors travelling this busy tourist route.
Serviced by a convenient single bar operation, the main bar features a pool table, with weekly pool and darts competitions well attended.
The kitchen services the dining room and rear undercover area. Outside is a children's play area and a large built-in barbeque utilised for the large functions held at the hotel, with car rallies and bike groups using The Royal as a refreshing pit stop.
There are 14 hotel style accommodation rooms, some opening to the large verandah, capturing the breeze and views. There is also a guest kitchen and lounge.
Situated on a large block with adjoining paddock, the opportunity exists to make the most of this generous space.
The Royal Hotel Yeoval is ready and waiting for its new owners. Ready to walk in and run a successful business. Waiting for a refurbishment to really make this grand dame shine.
To view this great opportunity, call us today on 0417 252 199.
Property History for 13 Obley St, Cumnock, NSW 2867
- 03 May 2023Listed for Sale $900,000
- 23 Sep 2016Sold for $180,000
- 19 Jul 2011Sold for $92,500
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/rpi54pkkzii65nfa2ouncvtwxm?signature=33886fc566d7da1081a40ddafb65fab22e6b7b0dfc3a294c4a43568dfad29368){kind=logo}
0
0
About Cumnock 2867
The size of Cumnock is approximately 407.2 square kilometres. It has 1 park covering nearly 2.5% of total area. The population of Cumnock in 2011 was 612 people. By 2016 the population was 451 showing a population decline of 26.3% in the area during that time. The predominant age group in Cumnock is 50-59 years. Households in Cumnock are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cumnock work in a managers occupation. In 2011, 67.3% of the homes in Cumnock were owner-occupied compared with 78.3% in 2016.
Cumnock has 307 properties. Over the last 5 years, Houses in Cumnock have seen a 115.68% increase in median value, while Units have seen a 260.55% increase. As at 31 October 2024:
- The median value for Houses in Cumnock is $312,220 while the median value for Units is $1,155,770.
Suburb Insights for Cumnock 2867
Market Insights
Cumnock Trends for Houses
N/A
N/A
View TrendN/A
N/A
Cumnock Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
