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81-91 Byron Street, Inverell, NSW 2360, 4 Bedrooms, 3 Bathrooms, House

$1,490,000

81-91 Byron Street, Inverell, NSW 2360

4
3
12
800m2
1776m2
HouseListed on Wed Mar 6
Price drop

Inverell 4 Bedroom "The Australian Hotel Inverell"

An outstanding commercial opportunity in the heart of the Inverell CBD. The 'Australian Hotel' Inverell has been an iconic building for over a century. Set on a prime 1776sqm commercial allotment with over 33 metres main street frontage. The lower level of the building consists of various open areas, two bars a large dining room, a fully operational commercial kitchen, beer garden/dance floor and various offices/storerooms. There is a separate commercial tenancy showing a healthy return with a long term tenant in place. The upper level of the building consists of a 2 bedroom managers residence, recreation room, kitchen, separate bathrooms and 20 accommodation rooms (showing a regular occupancy). The entire building on the lower level has multiple split system reverse cycle air-conditioners for heating and cooling including open fire places adding to the charm of the building. Rear lane access with generous off street parking, 4 car garage and a large storage shed currently leased separately for storage. Solar system installed. The property has a current liquor licence with extended trading hours making it the go to venue on a Saturday night. Full inventory available including cool rooms, commercial kitchen, furniture and so much more. The property has a large scope for expansion with some planning. The sale includes the Freehold property with a long term lease on the bar/kitchen/dining area, a separate commercial tenancy, storage leases and the accommodation to be leased out separately. Genuinely For Sale as the current owners restructure their assets. For further particulars or an 'Information Memorandum' contact Ron Berkley 0417-612 660 of Ray White Inverell.

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$357,000
Land1776m²
Planning ZoneCommercial Centre
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Flood ZoneNo
Sulfate SoilsNo
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Inverell Public School
0.94 km
Primary
K-6
Government
icsea: 894
Macintyre High School
1.71 km
Secondary
7-12
Government
icsea: 929

Property history

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Inverell surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
13 DAVEY ST, Inverell
0.47 km
4
3
-m2
Year 2024 Month 10 Day 31
-
Council approved
82 Evans Street, Inverell
0.30 km
2
1
-m2
Year 2024 Month 09 Day 23
-
Council approved
UNIT 5 65 LAWRENCE ST, Inverell
0.49 km
2
1
-m2
Year 2024 Month 09 Day 05
$290,000
Council approved
70 O'CONNOR ST, Inverell
0.73 km
3
1
-m2
Year 2024 Month 08 Day 27
$365,000
Council approved
27 OLIVER ST, Inverell
0.27 km
1
3
615m2
Year 2024 Month 08 Day 20
-
Council approved

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Ref:3049475Last update:2024-11-18 06:46:04