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COROMANDEL HOTEL INVESTMENT

611 Kapanga Road, Coromandel

Commercial Land
dollar

$1,295,000 Plus GST (if any)

Floor area
780m2
Land area
3415m2
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Property details

Listing # 4073994 | Listed on 22 May

Coromandel Hotel - The Top Pub is for sale. First time on the market in over 19 years, the owners have decided to sell, creating an opportunity for the next purchaser.

3,415m² of Residential zoned land with a hotel consisting of 507m² floor area, 205m² accommodation, and 81m² storage. This 1880-1910 hotel is registered under the Category 2 Historic Places Act (1993) and has had subsequent additions and modernisation works.

The property also has a circa 1960s, 109m² backpackers accommodation with a 44m² deck. The balance of the land at the rear of the property is utilised as a caravan park.

Currently leased for an annual rental of $107,500 plus GST and OPEX with a final expiry of 31 March 2026, creating an opportunity for investors, owner-operators, or developers.

Services available to the site include sealed road, power, telecom, sewerage, and town water supply.

All investors, developers and owner-occupiers must view.

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