Property Details for 1 Coonamble St, Collie
Last Listing description (August 2023)
Centrally located on a major thoroughfare with continued growth | Resort Brokers ID : FH007741
It's a privilege to exclusively bring to market the freehold of the very well known Collie Hotel. The hotel features a bar & restaurant as well as four renovated rooms at the rear of the property. The owners also have and are continuing to completely renovate internal and external parts of the property. The open seating area at the front has a newly built kids' playground as well as newly renovated gardens and lawns. The property also has a separate home for the new owners which has three well-sized rooms and large open living areas.
The hotel is the central meeting point for all locals but is also a huge tourist attraction being located on a major thoroughfare. The guests of the motel and hotel daily consist of tourists passing by and grabbing a meal for lunch and dinner and some paraphernalia from the hotel which adds to the business figures turnover with limited operational costs.
The hotel has shown year-on-year growth and also traded well through COVID. The turnover for this current financial year is well in front of last year's turnover of $1,475,406 and an adjusted net profit of $334,020. The location also adds to year-round consistent trading with seasonal workers from pickers to shearers, and solar farm workers constantly working in the district for extended periods. This constant trade in the motel rooms does create an argument for making more rooms for motel guests with new owners.
Properties like this don't come to market that often so if you had been looking in this area, don't let this one pass you by.
- Strong local clientele as well as strong tourist clientele
- Year on year growth in turnover and net profit
- Located on Oxley Highway is large stock grazing, cotton & grain growing region
- Four rooms of varied configuration as well as five caravan sites
- Projected turnover of $1.8 million this year and adjusted net profit of $334,020 last year
- Separate three bedroom home for owners/ managers
- Staff to continue on in accommodation, bar and kitchen
- Huge social media presence to stay for new owners
- Inspections by appointment only
Property History for 1 Coonamble St, Collie, NSW 2827
- 22 May 2023Listed for Sale $2,200,000
About Collie 2827
The size of Collie is approximately 719.2 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Collie in 2016 was 194 people. By 2021 the population was 177 showing a population decline of 8.8% in the area during that time. The predominant age group in Collie is 0-9 years. Households in Collie are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Collie work in a managers occupation.In 2021, 73.70% of the homes in Collie were owner-occupied compared with 72.00% in 2016.
Collie has 227 properties. Over the last 5 years, Houses in Collie have seen a 103.41% increase in median value. As at 30 April 2026:
- The median value for Houses in Collie is $268,432.
Suburb Insights for Collie 2827
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