SOLD
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+27

THE OLD COBDEN HOTEL

151- 161 Bright Street, Cobden, Grey

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, Grey
SOLD May 26 plus GST
Hotel-Leisure 
2,433 sqm approx.
630 sqm approx.  
Listing ID GDR10408
Greg Daly Real Estate Ltd

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
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