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123 Dandaloo Street
Narromine NSW 2821
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Sold on 21 Dec 2020

123 Dandaloo Street Narromine NSW 2821

  • Hotel, Motel, Pub & Leisure
  • 556 m²
  • Sold, $492,500

Under Contract | Contact Richard

The Royal Hotel is a charming country pub located in Narromine, a short minute drive from the busy regional city of Dubbo, NSW.
Well supported by locals, passing holiday makers and tourists, this is a fantastic and affordable opportunity to enter the tightly held passive investment market.
The Hotel is set upon 2,750m2* of combined land over two land parcels.
The Hotel features a public bar, TAB and Keno facilities, commercial kitchen, bistro, beer garden, drive through facility, outdoor undercover area, childrens' play area and air conditioned three bedroom managers residence.

- Excellent return on investment of 8%
- Good location on Narromine's main street
- Strong rural tourist area close to the city of Dubbo
- Lease in place until August 2029 with 2x5 year option periods
- Great tenant in place
- Potential to expand the current business
- An affordable freehold opportunity for the savvy investor

Contact Richard Tegart for an appointment to inspect today!

*approx. Outlines indicative only

Ray White Dubbo
Ray White Dubbo
22 Talbragar Street
Dubbo, NSW 2830

Property Highlights

Date Sold21 Dec 2020
Sold Price$492,500
Floor Area556 m²
Land Area2,750 m²
ParkingAsk Agent
Property ID2016457839
Category
Last updated  23 Dec 2020
Map for 123 Dandaloo Street Narromine NSW 2821
Ray White Dubbo
Ray White Dubbo
22 Talbragar Street
Dubbo, NSW 2830

Property Highlights

Date Sold21 Dec 2020
Sold Price$492,500
Floor Area556 m²
Land Area2,750 m²
ParkingAsk Agent
Property ID2016457839
Category
Last updated  23 Dec 2020

Listed by

Richard Tegart
Richard Tegart
Ray White Dubbo
Call
0418 634 868

More about 123 Dandaloo Street Narromine NSW 2821

123 Dandaloo Street Narromine NSW 2821 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 556 m² and a land area of 2,750 m². The listing ID for this property is 2016457839.

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