OFF MARKET

24 Collins Street
Jennacubbine WA 6401

Bedrooms: 10
Bathrooms: 10
Car spaces: -
Land area: 44515m2
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Property Details for 24 Collins St, Jennacubbine

24 Collins St, Jennacubbine is a 10 bedroom, 10 bathroom House. The property has a land size of 44515m2. While the property is not currently for sale or for rent, it was last sold in June 2004.

Building Type
House
Land Size
44515m2
Local Government
Goomalling
Lot/Plan
22/D003144

Last Listing description (September 2024)

This iconic business is located within the golden triangle farming region of Goomalling, Toodyay and Northam. The premises were established in 1902 and was once known as the Jennacubbine Hotel.

The current owners have been operating the business known as the "Jenna Tavern" since 2003. The business comprises a Tavern as well as offering meals and accommodation to locals and tourists alike.
The Jenna Tavern is well known for it's succulent steaks, salad bar and friendly service. Arguably the best steaks to be had within regional WA, are served by this establishment. (in the humble opinion of the agent).

The owners of the business work full time in the business and work a 42 hour week. They do a sterling job in providing the right atmosphere to share a drink and ease into an evening meal. They are supported by 2 casual staff.

The premises are licensed to carry 250+ persons. The business holds a liquor, music and boarding house licence and provides that ideal destination to get out of the metro area on the weekend as well as being the perfect place to hold a function and stay overnight.

The land area the premises are located on is 4.45ha or approx. 11 acres, with more than sufficient room to accommodate patron parking, caravans or RV's that frequent the area.

The main building is of brick construction with an iron roof and contains the bar and dining rooms, with a separate pool room and additional outside entertaining areas. Owner accommodation is 3 bedrooms and 1 bathroom plus an office. There are also plenty of solar panels on the main roof to soak up the sun and reduce the electricity bill.

There are 10 accommodation units with their own individual bathrooms detached from the main building that enables guests to spread out and not on top of each other.

Scheme water is connected to the property and supported by rainwater tanks and 2 bores.

The plant & equipment and consumables list for the Tavern is quite extensive and includes:
Coolroom
Kitchen benches
Kitchen utensils, crockery & cutlery
Oven and dishwasher
Freezers
Table & Chairs plus Bar Stools
Antique, collectables & pictures
Linen
Fixtures & Fittings within motel units
CCTV cameras and equipment
Gardening equipment

Council rates are $6,069 per annuum. Water rates are $5,944 per annum.

The replacement cost to rebuild the infrastructure of the Jenna Tavern is well in excess of the asking price. The buildings, business, goodwill, equipment and stock are offered for sale for $800,000.

To discuss the business opportunity further and receive a confidential financial business pack, please contact Joe Galantino on 0428 424 351.

Property History for 24 Collins St, Jennacubbine, WA 6401

A timeline of how this property has performed in the market
Last Sold
$350,000
11 Jun 2004
  • 13 Jun 2024
    Listed for Sale $800,000
  • 13 Dec 2023
    Listed for Sale $800,000
  • 11 Jun 2004
    Sold for $350,000
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About Jennacubbine 6401

The size of Jennacubbine is approximately 71.4 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Jennacubbine in 2011 was 459 people. By 2016 the population was 49 showing a population decline of 89.3% in the area during that time. The predominant age group in Jennacubbine is 40-49 years. Households in Jennacubbine are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Jennacubbine work in a managers occupation. In 2011, 80.7% of the homes in Jennacubbine were owner-occupied compared with 42.1% in 2016..

Jennacubbine has 104 properties. As at 31 October 2024:

  • The median value for Houses in Jennacubbine is $391,271.
There are currently 1 property listed for sale, and no properties listed for rent in Jennacubbine on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Jennacubbine.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.