Business Daily Media

Men's Weekly

.

LOCALLY-LOVED, REGIONAL PUB SELLS FOR RECORD YIELD


A regional investor has purchased the Young Hotel, located at 89 Lynch Street, Young – testimony to the  continued demand for regional investments.

The 1,559 sq* m sqm property was sold on behalf of Garry and Marie Cummins and resulted in a sale  price that reflected a record yield for the area. 

The two-level Young Hotel is a popular entertainment hub for the local community, supporting local  charities and using local tradesmen. 

The town of Young is situated on the Olympic Highway in south-central NSW and is approximately two hours drive from Canberra and a four-hour drive from Sydney. 

Asset highlights include:

• * Two poker machine entitlements;

• * Generous beer garden;

• * Function room;

• * Significant land holding sitting on 1,559sq m* site; and

• * Dual street frontage on both Lynch and Marina Street.

The deal was negotiated by Nick Lower, Nick Butler and Selin Ince of Savills Australia.

“With more people relocating to regional NSW, the investor saw a great opportunity for The Young Hotel.  Young’s capital gain has risen to 11.53% over the past pandemic year,” said Nick Lower.

Property

How Sydney Drone Photography Transforms the Way Properties Are Marketed

Key Highlights Drone photography provides stunning aerial perspectives, showcasing properties in a way that traditional photography cannot match. This innovative technology allows real...

Business Daily Media - avatar Business Daily Media

Reventon Sells Home for $840,000 — Donates Entire Proceeds to Fight Homelessness

$840K Donation to Vinnies Victoria to Support Australians in Housing Crisis MELBOURNE – In a powerful act of generosity, the Melbourne-based property investment and wealth management fi...

Business Daily Media - avatar Business Daily Media

Dual Living Homes in Sydney: Smart Design for Modern Living

  Dual living homes are growing in popularity in Sydney due to rising housing costs and shifting family dynamics. Smart layouts with privacy and flexibility allow multiple househol...

Business Daily Media - avatar Business Daily Media

Renting a House? Why Renting Furniture Makes Perfect Sense

Moving into a new rental property is an exciting milestone, but it also comes with many decisions—one of the biggest being how to furnish your home. Buying furniture outright can be costly...

Business Daily Media - avatar Business Daily Media

How to ensure your manufacturing business survives international tariff turmoil

Optimising your operations in FY2026 will help you combat the challenges of a volatile trading environment. Up, down, in out…Since the commence...

Why Apptio is Enhancing Visibility into AI and Hybrid Cloud

AI investments have become a strategic priority for business with the mindset that if you're not using AI, you're falling behind. But according to...

Beyond borders: Building a scalable strategy for international hiring

For many Australian businesses, growth increasingly depends on thinking beyond local borders.  As wage pressures rise, and specialised talent pool...

The Next Generation of Maritime Sustainable Solutions

As organizations globally seek innovative ways to improve sustainability and their impact on Earth, the American Waterways Operators (AWO), a lead...

Demand for Home Batteries surges as Federal Rebate Kicks In

A leading provider of energy solutions VoltX Energy has seen a 400% increase in demand for home batteries in the past three weeks as people put d...

Why Sport Remains the Safest Bet in an Uncertain World

When Rome was in crisis, its leaders did not retreat to the Senate. They went to the circus. To the chariot races. To the gladiators. Sport was no...

Sell by LayBy