Eastern Riverina Henty hotel for sale at $300,000 plus
An hotel at the eastern Riverina town of Henty has been listed for sale seeking offers above $300,000. It went to auction last month, having been previously offered at $375,000.
The hotel is located halfway between Albury and Wagga Wagga on the Olympic Highway.
The two storey brick property at 1 Sladen Street has a land area of about 1100 square metres with a floor area of 400 square metres.
The Doodle Cooma is the only hotel in Henty.
The hotel comes with a bar, lounge, TAB and a covered beer garden. It also includes a dining room with a commercial kitchen.
The Doodle Cooma Hotel is offered for sale on a walk in walk out basis, with all trading details available on inspection and discussion with the vendors.
The property has 12 lettable rooms and a one bedroom residence.
There is an average weekly of turnover of $14,000, excluding gaming.
The offering comes with an option to purchase any number of the five poker machines currently operating in the hotel at $125,000 each.
It has been most recently offered through Chapman, Gould and May agent Doug May.