Freehold $1,475,000 ONO

64HF - Freehold Hotel Location, Location, Location

Centrally located in growing regional NE Victoria
New regional shopping precinct within walking distance
Potential for growth from continued nearby residential and commercial development
Income from bar, restaurant, TAB, Keno and bottle shop
Refurbishment potential
3 bedroom manager's residence on site
Owner wants out due to ill health
Rare freehold

A great opportunity exists to take over this centrally located hotel in North East Victoria. The area is expanding and the hotel is waiting for new owners to capitalise on the growth potential. Due to ill health, the owner hasn't been able to put all his energy into the business and will listen to all offers. The business is well established but needs a fresh outlook.

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

Property ID: 64HF (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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