Moss Vale Hotel in the NSW Southern Highlands expected to sell for $20 million

The Moss Vale Hotel, located almost halfway between Canberra and Sydney, sits on a 1521-square-metre site at 340 Argyle Street in the heart of Moss Vale.

Publican Tom Porter has owned and operated the hotel since 1987.

He told The Canberra Times he has enjoyed his time running the pub over the past three and a half decades, but "the industry has changed" and it was time to move on.

In 1866, Moss Vale Hotel became the first licenced premises in the town, according to the venue's website.

Today the business generates around $5.2 million before GST annually and is underpinned by a midnight liquor licence and 15 gaming machines.

Alongside a bistro, bar and retail liquor store, the property includes twelve accommodation rooms that are currently not in use but could be reactivated by an incoming operator.

Local investors and experienced Sydney hoteliers are likely to be among the interested parties.

MORE PROPERTY NEWS:

HTL Property's Blake Edwards and Sam Handy have been appointed to sell the pub in an expressions of interest campaign.

"With only two pubs within the Moss Vale catchment and close to 10,000 residents, the Moss Vale Hotel presents with compelling macro investment fundamentals for hoteliers looking for a safe and secure business with compelling upside levers," Mr Edwards said.

Last week, a boutique hotel in the Southern Highlands was also listed for sale. Bowral's Links House, a popular location for weddings and events, is expected to sell for upwards of $6 million.

We've made it a whole lot easier for you to have your say. Our new comment platform requires only one log-in to access articles and to join the discussion on The Canberra Times website. Find out how to register so you can enjoy civil, friendly and engaging discussions. See our moderation policy here.