Brimming with potential and exciting possibilities, the historic Exchange Hotel dates back to the 1870’s and is now up for sale. Commanding a prominent and imposing corner position on a 1,106sqm landholding, the iconic two-storey building has 20 recently renovated motel rooms plus a ground floor pub space, currently closed and in need of a full renovation. It presents a lucrative freehold opportunity to run at full capacity, ensuring an appealing venue for both locals and tourists, conveniently located 5 minutes’ walk from the centre of Goulburn.
- 2-storey building with pub space and 20 rooms totalling 879sqm
- Most rooms on 1st floor & set up to be run as motel-style operation
- Ideal for investor/operator looking to unleash its full potential
- Potential to return up to $7,500-$8,000pw (20 room accommodation) on top of separate rental return for pub space
- Example 1 - incoming operator/tenant to refurbish space
- Example 2 - investor to lease as fully refurbished pub
- Huge income potential with scope to revamp/rejuvenate to an old school pub as it was historically renowned by the locals who dearly miss their watering hole!
- Pub space has a fully equipped commercial kitchen, open fireplaces, privately positioned alfresco areas, rest rooms and off street parking
- Locals would love to see their beloved pub in the hands of someone with an entrepreneurial spirit who could bring it back to its former glory/life as the notorious Exchange Hotel - the main pub in Goulburn
