54 Towong Road, Corryong, Victoria
Corryong Hotel Motel - All Reasonable Offers Considered - 1P5705
Leasehold - Price on Application
Business Description
CRE Brokers are excited to exclusively offer the Corryong Hotel Motel business to the market by Expressions of Interest.
Situated in the foothills of the stunning Snowy Mountains the Corryong Hotel Motel demonstrates a consistently strong income from multiple income streams. Along with the iconic Hotel the Corryong Hotel boasts 12 motel style accommodation rooms with multiple configurations including queen, twin and family rooms.
The hotel is popular with a range of clientele including tourist and sporting enthusiasts drawn to the breathtaking Snowy Mountains. The Snowy Hydro project encourages a steady flow of workers and corporates to the area- making the Corryong Hotel Motel their base for both accommodation and meals. The Man From Snowy River Festival is held each year in April bringing in excess of 20,000 people to Corryong for a week.
The hotel comprises of the excellently presented main bar, function/lounge area, dining room and a new outdoor decking with 180 degree views of the exquisite Mt Mittamatite and surrounds.
The business also comprises a very comfortable light filled three bedroom, one bathroom manager's residence with breathtaking views over the mountains.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - NorthKey Investment Insights
1. Strong income from multiple income streams, including hotel, motel, and restaurant.
2. Located in the foothills of the stunning Snowy Mountains, a popular tourist destination.
3. Consistently popular with a range of clientele, including tourists, sporting enthusiasts, and corporate workers.
4. Close proximity to the Snowy Hydro project, providing a steady flow of customers.
5. Hosts the Man From Snowy River Festival each year, bringing in a large number of visitors.
6. Well-presented main bar, function/lounge area, dining room, and outdoor decking with stunning views.
7. Comfortable and spacious three bedroom manager's residence with mountain views.
8. Leasehold opportunity in a highly sought-after location.
9. Potential for growth and expansion through marketing and promotions.
10. Located in a popular tourist region with potential for year-round business.
11. Opportunity to tap into the growing eco-tourism market in the Snowy Mountains.
12. Strong local community support for the hotel and its events.
13. All reasonable offers will be considered, providing potential for a great deal for the buyer.
14. Ideal opportunity for an owner-operator or family looking to enter the hospitality industry.
