44 Louee StreetRylstone NSW 2849
Property Details for 44 Louee St, Rylstone
Last Listing description (January 2020)
CBRE Hotels are delighted to be exclusively appointed to sell the freehold going concern interest in the Globe Hotel.
Key investment considerations of this opportunity include:
- Beautifully presented, entry-level freehold pub in regional location underpinned by tourism and agricultural endeavours
- Significant site area in excess of 1.5 acres in the heart of a picturesque heritage village surrounded by Mudgee wine region
- Includes public bar, 80-seat indoor restaurant, large beer garden, indoor gaming room, TAB, Keno and 14 accommodation rooms
- Sale includes Hotel licence with 4 gaming machines in Band 3 only hotel with gaming in Rylstone and one of only two pubs with gaming in a 50km radius
- Rylstone is located in the Mid-Western Region, 30 minutes* to Mudgee, 1 hour* to Bathurst and 3 hours* to Sydney
- More than 25,000 people reside in the Mid-Western Region including many tree-changers who have traded the city life for impeccable country living
- The Globe Hotel represents a great lifestyle hotel opportunity with the ability to engage and form part of a strong regional community
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 7TH NOVEMBER AT 4PM (UNLESS SOLD PRIOR)
Property History for 44 Louee St, Rylstone, NSW 2849
- 20 Dec 2019Sold for $1,050,000
- 20 Dec 2019Sold
- 20 Dec 2019Sold
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0About Rylstone 2849
The size of Rylstone is approximately 131.7 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Rylstone in 2011 was 874 people. By 2016 the population was 932 showing a population growth of 6.6% in the area during that time. The predominant age group in Rylstone is 60-69 years. Households in Rylstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rylstone work in a trades occupation. In 2011, 75.8% of the homes in Rylstone were owner-occupied compared with 72.9% in 2016.
Rylstone has 748 properties. Over the last 5 years, Houses in Rylstone have seen a 71.45% increase in median value. As at 31 October 2024:
- The median value for Houses in Rylstone is $443,353 while the median value for Units is $424,831.
- Houses have a median rent of $393.
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