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1 Davis Street Currabubula NSW 2342

  • Hotel, Motel, Pub & Leisure
  • 6,000 m²
  • For Sale, Contact Agent

SECURE FREEHOLD OWNERSHIP | HIGH YIELDING BUSINESS | IDEAL LIFESTYLE MOVE

  • Freehold licensed pub
  • Walk in-Hit the Ground Running
  • Pub only or Pub + Accommodation

Currabubula Pub and Café Charming Destination Pub + Accommodation

SECURE FREEHOLD OWNERSHIP | HIGH YIELDING BUSINESS | IDEAL LIFESTYLE MOVE

An exceptional opportunity exists to purchase a long running and profitable food and beverage business. 'The Curra Pub' is renowned as the heart of Currabubula village, located just 25 minutes from Tamworth Airport. Established in 1838 and featuring a classic double storey design, the pub is central to the local community in addition to being a tourism and leisure destination. Alongside the food and beverage business, the 2-acre property encompasses additional rental income from two houses and a cabin, currently for sale either in tandem with 'The Curra Pub' or separately.

An appealing prospect as is, there is vast potential to expand and capitalise by creating a modernised gastro pub and country stay experience.

This is an incredible opportunity for a viable lifestyle change, with Tamworth being the largest hub in North Western NSW - home to the Annual Country Music Festival, Australian Equine and Livestock events, reputable private, Catholic and government schools.

FOR SALE:
'The Curra Pub' 1 Davis St, Currabubula on 2 acres $1,100,000
'The Curra Pub' + 4 and 6 Railway St, Currabubula on 1/2 acre each $2,000,000

Pub Features:
Café | Restaurant | Bar | Beer Garden | 4 x Pub style rooms | Mini Bus
Sale includes all furniture, fixtures, fittings white goods and appliances
120 Seat Restaurant
100 Seat Beer Garden with fenced playground and scenic country views
Operation and licencing transition support from owners for 3-6 months
Chef and apprentice already in place, ready to work with the new owners
Popular function venue weddings, engagements, birthdays, Christenings
The only pub in Currabubula, host to local school and community events
28 flights weekly: Tamworth - Sydney & Brisbane, 4.5hr drive from Sydney

Approximate Pub Revenue
$15,000 pw July 21 - Dec 21*
$14,500 pw 20/21 *
$15,500 pw 19/20 *
$19,000 pw 18/19
$20,600 pw 17/18
* Covid Closure Revenue & 5 day trade

Accommodation Features:
4 Railway St - 1/2 Acre approx
3 Bedroom, 1 bathroom fully furnished and equipped house
1 Bedroom, 1 Bathroom fully furnished and equipped cabin
6 Railway St - 1/2 Acre approx
3 Bedroom, 2 bathroom fully furnished and equipped house

Approximate Accommodation Revenue: *
$1,750 pw July 21 - Dec 21 *
$1,400 pw 20/21 *
$1,985 pw 19/20 *
$2,800 pw 18/19
$2,000 pw 17/18
*Note: Accommodation revenue includes 4 x Pub Accommodation Rooms as currently combined
*Covid Closure Revenue

Book an Inspection:
Please contact Uther + Sun Property 02 9025 3177
Dee Uther 0427 689 139 OR Cyndia Sun 0435 872 554

Whilst we make every effort to ensure that the information, we provide is correct and up-to-date, we do not warrant its accuracy or reliability. Interested parties should exercise their own independent skill and judgment before making an offer on the property. In any important matter, you should seek professional advice relevant to your own circumstances and rely on your own enquiries

Property Highlights

Floor Area6,000 m²
Land Area8,094 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2017599068
Category
Last updated  16 Feb 2022
Map for 1 Davis Street Currabubula NSW 2342

Property Highlights

Floor Area6,000 m²
Land Area8,094 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2017599068
Category
Last updated  16 Feb 2022
Suite 104, 107 Alexander Street Crows Nest NSW 2065
Dee Uther
Dee Uther
Uther + Sun Property
Cyndia Sun
Cyndia Sun
Uther + Sun Property

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For SaleContact Agent
1 davis street,currabubula, NSW 2342
6,000 m²
Hotel, Motel, Pub & Leisure
Contact Agent