UNDER CONTRACT - Violet Town Hotel - 1P4480H

Industry:   | Listed by: CRE Brokers
Key Strengths
About this business
ATTENTION INVESTORS!

Passive freehold investment opportunity that ticks all the boxes.

Historic country Hotel located just of the Hume Highway in the lovely township of Violet Town, Victoria.

This classic Hotel has been well maintained and has many features including a large open plan public bar with TAB, front and rear beer garden areas, pool tables, commercial kitchen, lounge, large dining room with an open fireplace and a private dining/function room.

There are also 3 fully self-contained Motel rooms which can accommodate up to 4 people and a separate 3 bedroom residence located next to the Hotel would suit a purchaser with a young family.

* Single level, solid brick, modern construction – rebuilt in 1995.
* One Hotel town with secure & successful tenancy history
* Free standing separate Lot 3 bedroom house included
* Diverse revenue streams
* 90 minutes from Melbourne
* Secure rental return of $63,500pa
* 8.2% buyers yield

The Hotel is situated within the hub of the community and enjoys strong ties with local sporting and community groups and shows solid returns with limited competition.

Inspection a must! Contact Dan McDonald at CRE Brokers today.
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Business Name / Ref #:
Contact Advertiser
Location:
Cowslip Street 16
Violet Town
VIC
3669
Australia
Asking Price:
$775,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
Trading Hours:
Website:
Contact Details:
0427 5.....
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Advertiser Details

Specialist business & property agents & valuers dedicated to the tourism & leisure sector
Location: 5 Jarrah Drive
Braeside, Victoria
3195, Australia

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UNDER CONTRACT - Violet Town Hotel - 1P4480H ListingImage
About this business
ATTENTION INVESTORS!

Passive freehold investment opportunity that ticks all the boxes.

Historic country Hotel located just of the Hume Highway in the lovely township of Violet Town, Victoria.

This classic Hotel has been well maintained and has many features including a large open plan public bar with TAB, front and rear beer garden areas, pool tables, commercial kitchen, lounge, large dining room with an open fireplace and a private dining/function room.

There are also 3 fully self-contained Motel rooms which can accommodate up to 4 people and a separate 3 bedroom residence located next to the Hotel would suit a purchaser with a young family.

* Single level, solid brick, modern construction – rebuilt in 1995.
* One Hotel town with secure & successful tenancy history
* Free standing separate Lot 3 bedroom house included
* Diverse revenue streams
* 90 minutes from Melbourne
* Secure rental return of $63,500pa
* 8.2% buyers yield

The Hotel is situated within the hub of the community and enjoys strong ties with local sporting and community groups and shows solid returns with limited competition.

Inspection a must! Contact Dan McDonald at CRE Brokers today.

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:

Trading Hours:

Website:

$775,000

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