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Yarrawonga

REDUCED LEASEHOLD $1,195,000

60HL - A MONEY MAKING 35% ROI & CAN BE RUN UNDER MANAGEMENT

  • Weekly takings in excess of $72,000. With the last 6 months averaging over $72,000 per week, this is equivalient to a years wage.
  • Central Hotel within walking distance to Lake Mulwala and town amenities.
  • Healthy profit without gaming.
  • Sports Bar with TAB.
  • 20 well maintained ensuite rooms plus manager’s unit.
  • Favourable lease terms – 27 years remaining.
  • Ample car parking.
  • Bar, bistro, beer garden, bottle shop, functions and catering.
  • Staffing sorted - everything will run as is for new owners.
  • 3 hours from Melbourne - hot tourist location year round.
  • 4.5 rating on Trip Advisor.

Net Profit: $418,732 for 2020/21; $433,367 for 6 months to April 2022

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 60HL (quote when enquiring)

Property Type Business

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Andrew Cronin

0433 091 971
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