Listing ID: 1200
Located in the heart of mining country, this busy licensed hotel offers the chance to invest in a unique commercial building.
With no competition for 128km in either direction, the location and facilities ensure a profitable future for this excellent freehold property.
Ideal for a couple in a great family area, or superannuation investment.
Hotel comprises main bar, lounge bar, dining room, licensed beer garden, and verandah
Large, well equipped kitchen with substantial cool room and spacious walk-in pantry
Also office, store room laundry and tool sheds
Large secure car park for guests and contractors (30 spaces)
Accommodation includes 9 house rooms with shared bathroom facilities
Also 3 twin motel ensuite units with solar panels, plus 8 newly built ensuited single units
All units air-conditioned, with TVs and fridges
Separate, new manager's flat plus private staff quarters
Vacant land plus large shed, with expansion potential
All vital hotel plant and equipment replaced / renewed within last 12 months
Well positioned in Green Belt mining area
Alluvial prospecting currently taking place
2 hours from coastal city of Geraldton
Yalgoo is a friendly, tidy community, that recently got a new water park and outdoor sporting complex. The town also now benefits from connection to the mobile network.
With the closest competition at least an hour away, the hotel does well from this bustling community of locals and drilling/exploration personnel. There are both iron ore and gold mines close by.
The Shire of Yalgoo is an important part of a new tourism venture, providing self-drive Outback adventures. It is also a popular tourist destination for its prolific wildflowers from July to September, and Colonial architecture.
Yalgoo, Western Australia 6635