JLL Hotels & Hospitality Group is delighted to exclusively offer for sale the freehold interest in the Tumut Star Hotel, Tumut NSW.

Positioned desirably in the heart of Tumut, at 59 Russell Street, solid offerings across food, beverage and accommodation departments showcase a premium level of quality that establish the Tumut Star as a lucrative investment opportunity for those seeking a resilient and profitable hotel asset.

The hotel features multiple bars on the ground floor, a spacious bistro area with a modern commercial kitchen, a TAB area, a kids play and breakout area, and eight pub-style accommodation rooms plus a manager’s residence on the first floor, all situated on a vast 2,638sqm site. A recent renovation has transformed the hotel's interior and exterior, making it an attractive prospect for customers. The property offers scope for further development, including adding cabins to the rear of the hotel, revitalising the first-floor accommodation rooms, and repositioning the ground floor trading area.

According to Selling Agent Edward Browne, the hotel's well-rounded offering coupled with the various avenues available to enhance its value make it an attractive opportunity for potential buyers.

“The prospect of adding value through rejuvenating the accommodation, repositioning the ground floor, and further developing the property whilst being able to draw profit from already robust food, beverage, and accommodation departments solidifies the Tumut Star as a valuable investment opportunity, and one expected to generate significant interest among potential purchasers’

Tumut is a town in the Snowy Valleys region of New South Wales, Australia, approximately 410km southwest of Sydney CBD and 120km southeast of the city of Wagga Wagga. The town is located at the foothills of the Snowy Mountains and is surrounded by the beautiful Tumut River. The local economy is driven by the forestry and timber industry, tourism, agriculture, and retail trade. The town of Tumut has a population of 6,230 people, and the wider Tumut Shire has a population of approximately 11,000. Tumut is an important gateway to the Snowy Mountains and Kosciuszko National Park.

The Tumut Star Hotel's freehold interest is being offered for sale via Expressions of Interest closing Tuesday 2 May 2023.

To request a copy of the Information Memorandum please contact one of the marketing agents via the contact details below.

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