Leasehold $570,000 SAV

62HL - Renovated Beauty in Major Victorian Town

* Leasehold Hotel
* Located in one of the fastest growing regional centres in Victoria
* The hotel is meticulously maintained by the current lessee
* Tavern is in a growth area
* Solid weekly bar and food sales
* Two bar operation both well presented
* Bistro can seat 200
* Family friendly with separate children's play area

A great opportunity exists to take over this well presented hotel lease in North East Victoria. Located in a growth region, the current lessee has updated this property to an excellent standard which has proved a winner with locals and tourists alike. The hotel is located within walking distance of four motels and is open for trade 7 days a week. Turnover continues to increase with solid bar sales and a popular bistro.

The business is well established and an inspection is sure to impress.

Net Profit $261,798 for 2016/17

Contact Warwick Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 62HL (quote when enquiring)

Location: The Wodonga region is known for its distinctive natural beauty, with the majestic Murray River winding its way through mountains to the east and fertile river plains to the west. Wodonga sits at the centre of the Sydney-Melbourne-Adelaide triangle, where 75% of all Australians live.

Wodonga has a bustling economy, world-class medical and health services, a vibrant cultural and artistic scene, sporting facilities to rival those of the capital cities and seemingly endless leisure and recreation options.

Wodonga is ideally situated on the Murray River with surrounding hills, rich agricultural valleys, adjacent wineries and historic towns. It is one of the most vibrant regional cities in VIC. It's location on the main transport corridor that links Australia's major cities makes national and international markets highly accessible.

Property Type business

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Warwick Philpott

0438 257 308
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