6 Barton StreetCobar NSW 2835
Property Details for 6 Barton St, Cobar
Last Listing description (October 2023)
The hotel is situated in the centre of town and it comprises a single story brick building including a large public bar, lounge bar with booth and table and chair seating, large function room/bistro, beer garden, up-to-date commercial kitchen, drive through bottle shop, large L-shaped land with 2 street frontages and further development potential.
Top hotel in strong gold and copper mining town with large population. Agricultural and outback tourist support.
Attractive vendor terms are available to an approved freehold purchaser.
The profitable trade averages in excess of $55,000 per week.
Existing trained staff available to continue with purchaser.
THERE ARE VARIOUS ALTERNATIVES:
LEASE: The vendor will sell a leasehold interest for a period of 5 years with 3 further options each of 5 years.
Price $390,000 includes F P & E. Initial rent of $2,200 per week plus GST. Should the lease purchaser wish to later purchase the freehold the lease price would be taken into account.
INVESTMENT FREEHOLD: The present owner/operator will consider a sale and leaseback arrangement whereby they will continue to operate the hotel as lessees of the freehold purchaser. At a freehold price of $1,350,000 the yield would be in excess of 8 per cent.
The current owner/operators are willing to negotiate freehold and lease prices and terms to suit the purchaser. They are also willing to assist the purchaser in the operation of the hotel for a period following possession. They will also consider a Management Position which would ideally be an experienced hotel or club industry couple.
Contact us for further information or inspection by appointment.
Property History for 6 Barton St, Cobar, NSW 2835
- 14 Apr 2025Sold for $440,000
- 15 Feb 2022Listed for Rent $390,000 / year
- 18 Nov 2021Listed for Sale $1,575,000
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0About Cobar 2835
The size of Cobar is approximately 2186.0 square kilometres. It has 16 parks covering nearly 0.4% of total area. The population of Cobar in 2016 was 3990 people. By 2021 the population was 3603 showing a population decline of 9.7% in the area during that time. The predominant age group in Cobar is 30-39 years. Households in Cobar are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cobar work in a trades occupation.In 2021, 60.90% of the homes in Cobar were owner-occupied compared with 55.70% in 2016.
Cobar has 2,549 properties. Over the last 5 years, Houses in Cobar have seen a 114.64% increase in median value, while Units have seen a -71.43% decrease. As at 30 November 2025:
- The median value for Houses in Cobar is $268,832 while the median value for Units is $39,700.
- Houses have a median rent of $320 while Units have a median rent of $250.
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