58-60 Hennessy StreetTocumwal NSW 2714
Property Details for 58-60 Hennessy St, Tocumwal
Last Listing description (January 2023)
SOLD - Farmers Arms Hotel, Tocumwal NSW - 1P0165
EXCLUSIVE TO MHB
Urgent sale required due to vendor ill health!
First-class leasehold hotel in a thriving regional NSW location.
With a position envious of most, this strong performing country hotel is just minutes away from the banks of the mighty Murray River.
The Farmers Arms Hotel is a classic single level hotel ideally situated on a prime corner location and is primed and ready for its next owners to continue with the hotel`s strong trading long into the future.
The vendors have repainted the entire venue inside and out along with a full inventory upgrade coupled with a new glycol beer system & glass washer in the public bar with additional upgrades including a 30kw solar system to assist with power consumption.
There is also a new kids playground installed in the revamped large beer garden that is enclosed with new fencing. All lighting has been upgraded to LED fittings inside and out.
A TAB system has been installed along with an upgraded POS system throughout the hotels sales points and also included is a 21 seat courtesy bus and a delivery car.
The kitchen has also been upgraded with a new pizza oven installed along with other new kitchen plant and equipment.
The bonus of an on-site residence should also be appealing to many a prospective buyer. The hotel offers 3 x bedrooms that in the future could double as staff quarters if required.
This exciting hospitality operation has gone from strength to strength over the last few years and is one of the rare success stories over the period of the pandemic.
With a long lease in place the Farmers Arms Hotel is the perfect opportunity for anyone looking for a solid pub in a desirable country location.
Key Features:
* 25 x year lease with good terms
* Excellent 102% (approx.) buyers yield
* Spacious public bar with TAB
* "Kellys" Bistro / restaurant with 80 pax
* Large beer garden + ample on street parking
* 21 seat hotel courtesy bus and a delivery car
* Located in a very popular tourism area close to the Murray River
* New plant & equipment
* 3 bedroom on-site family residence
* Kitchen staff wanting to stay on with new owner
An outstanding regional NSW leasehold Hotel. Inspect with confidence.
Contact Dan McDonald at MHB to arrange an inspection. You will not be disappointed!
Property History for 58-60 Hennessy St, Tocumwal, NSW 2714
- 29 Aug 2022Listed for Sale Leasehold - POA
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0About Tocumwal 2714
The size of Tocumwal is approximately 389.5 square kilometres. It has 12 parks covering nearly 2.0% of total area. The population of Tocumwal in 2016 was 2682 people. By 2021 the population was 2862 showing a population growth of 6.7% in the area during that time. The predominant age group in Tocumwal is 70-79 years. Households in Tocumwal are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tocumwal work in a managers occupation.In 2021, 77.20% of the homes in Tocumwal were owner-occupied compared with 73.80% in 2016.
Tocumwal has 2,239 properties. Over the last 5 years, Houses in Tocumwal have seen a 38.42% increase in median value, while Units have seen a 60.13% increase. As at 30 April 2026:
- The median value for Houses in Tocumwal is $516,844 while the median value for Units is $332,343.
- Houses have a median rent of $450 while Units have a median rent of $330.
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