Eastern Riverina Henty hotel for sale at $300,000 plus

Staff reporterOctober 4, 20160 min read

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.

Staff reporter

Commercial Property
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