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Overview
Freehold hotel in a major town for sales PCB-0048
This commercial property is a freehold hotel located within an hour's drive from Melbourne towards Bendigo, situated on a land size exceeding 2000 square meters. The establishment comprises seven rooms, a commercial kitchen, a bar restaurant, and a function room, providing a comprehensive hospitality offering.
Additionally, the property includes management accommodation, facilitating on-site management and operational convenience. The business demonstrates a yearly turnover of up to $700,000, reflecting a profitable operation for the current owner.
The vendor has expressed a keen interest in selling the property due to retirement after 31 years of ownership, presenting a unique investment opportunity for prospective buyers. The asking price is set at $1,700,000 AUD.
This opportunity is ideal for investors or operators seeking a well-established hospitality business with substantial land area and facilities in a strategic location near Melbourne.
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
A Major Town VIC
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
