Your Opportunity to purchase an Australian Icon.
"Ray's" Pub & Motel, located in the village of Kandos, near the Mudgee Wine Region and under three hours from Sydney.
The Kandos Hotel/Motel is a regional Hotel consisting of:- main bar, bistro, kitchen, beer garden, parking, 19 rooms, hotel licence, with 13 gaming machine entitlements, all fixtures, fittings, plant and equipment.
In addition to the Pub, the sale also includes the Kandos Motel, branding and improvements, including 10 rooms, laundry, reception, mangers unit and all fixtures, fittings, plant and equipment.
The Kandos Hotel/Motel is fully operational with the vendors keen to retire to the farm after 24 years.
For Sale via Expression of Interest, closing Midday 30 June 2022, if not sold prior.
Please contact the exclusive selling agents Andrew Shipman of Shipman's Real Estate Kandos - andrew@shipmans*** or Peter Seeto of Cabmon Property - peter@cabmon.com.au
The size of Kandos is approximately 40.1 square kilometres. It has 3 parks covering nearly 20.8% of total area. The population of Kandos in 2011 was 1,283 people. By 2016 the population was 1,347 showing a population growth of 5.0% in the area during that time. The predominant age group in Kandos is 50-59 years. Households in Kandos are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kandos work in a trades occupation. In 2011, 64.9% of the homes in Kandos were owner-occupied compared with 66.3% in 2016.
Kandos has 960 properties. Over the last 5 years, Houses in Kandos have seen a 91.51% increase in median value, while Units have seen a 13.48% increase. As at 30 September 2024:
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