Living the Dream!
$795,000 Plus Stock at Value
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111 Clive Street, Katanning, WA 6317
0 Bed | 0 Bath | 0 Car
Property ID: WA87221105
The Federal Hotel complex is up for sale after ownership of 28 years. situated on 4 titles, the first two titles contain the 3 storey hotel & lounge complete with 35 accommodation rooms, a managers 2 bedroom apartment a main bar complete with an operating TAB and a large function room with an industrial kitchen leading to the dining area and beer garden. The third title contains a 4 unit ensuite motel and the fourth title has a detached drive in bottle shop complete with cool and store rooms.
The hotel is central CBD and has more than required off street car parking. The current owners have been operating the hotel for 28 years and intend on retiring. The business needs new energy that will increase its gross annual income of approximately over $1 million by promoting the accommodation and reopening the function room with live bands Thursday, Friday, Saturday nights and Sunday afternoons. The purchase price is being offered at less than the current owners paid 28 years ago.
View CENTURY 21 Advance Realty
PH: 08 9721 7733
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