SOLD
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+27

THE OLD COBDEN HOTEL

151- 161 Bright Street, Cobden

630
2,433

Once run as a local pub for the Cobden community, this iconic hotel now awaits a new owner ready to restore it to its former glory. Offered in as-is, where-is condition, the property presents a substantial opportunity for redevelopment, refurbishment, or repurposing.
The hotel is currently not operating. The main level features two bars and previously included a bottle store. There are two rooms presently used as bedrooms, along with a living area and kitchen. The upper level, which comprises a further four rooms, an ablution block, and a lounge, is no longer in use due primarily to the absence of fire escapes.
The main level of the hotel offers multiple potential uses, subject to council approval, and is zoned commercial on a freehold titles.
In addition, the property includes eight very basic motel units. Room 7 is shown in the photos as a representative example. The remaining units are currently occupied on a week-to-week basis.
The entire property requires significant attention and will be sold in its current condition. Set on a 2422m² site, prospective purchasers are advised to carry out their own due diligence. The property is currently insured and operating as a business, therefore plus GST (if any) applies. Has a current Building warrant of fitness.
Contact agent for more information.
151- 161 Bright Street, Cobden
SOLD May 26 plus GST
Hotel-Leisure 
2,433 sqm approx.
630 sqm approx.  
Listing ID GDR10408

For Sale

SOLD May 26

Deedee Daly

Residential & Lifestyle Salesperson
Licensed under the REAA 2008

Zoe Daly

Residential and Lifestyle Salesperson
Licensed under the REAA 2008

Greg Daly Real Estate Ltd

735 Main South Road
Gladstone
Greymouth, 7805

Confidentiality Agreement