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Overview
59 Lambie Street, Cooma
Located in the heart of Cooma, this exceptional commercial property at 59-61 Lambie Street offers a rare investment opportunity for those with an appreciation for heritage and potential. Known as The Royal Hotel Cooma, this heritage-listed landmark dates back to 1858 and combines traditional charm with modern functionality.
The property spans approximately 2000 square metres and features 15 bedrooms and 5 bathrooms, including a self-contained manager's cottage. The main building contains 13 well-appointed accommodation rooms, supported by 2 shared bathrooms and communal kitchen facilities, making it ideal for guests or staff.
The Royal Hotel operates as a fully-equipped hospitality venue, boasting a spacious restaurant with indoor and outdoor seating areas. Patrons can enjoy alfresco dining while overlooking Cooma's vibrant main street. The property also includes a fully furnished, functioning bar that has long been a popular gathering spot for locals and tourists alike. A well-appointed commercial kitchen is ready to cater to a high volume of guests, supporting the venue's hospitality operations.
The building's architectural features are notable, with an early hipped roof, four ornate gables, and a plain Georgian design enhanced by late Victorian cast iron balcony and veranda detailing. Original elements such as the rolled-iron roof and twelve-paned Georgian-style windows contribute to the historical allure of this significant structure.
Strategically positioned at the intersection of Sharp and Lambie Streets, The Royal Hotel is part of the renowned Lambie Street walkway and plays an integral role in the area's rich history. The current ownership includes a license, facilitating a smooth transition for the new investor.
This property represents more than just a commercial investment; it is an opportunity to own and revitalize a piece of Australian history, ensuring The Royal Hotel Cooma remains a cherished establishment for future generations.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Cooma NSW 2630
Market Insights for Cooma NSW 2630
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