24 Main Street, Devenish, Victoria
FREEHOLD - Devenish Railway Hotel VIC - 1P0552
Freehold Going Concern - $595,000
Business Description
MHB is thrilled to present to market for sale the freehold going concern business of the Devenish Railway Hotel.
Key Features:
* This charming country pub was established in 1884 with links to the history of the district.
* Situated along the famous Silo art trail and surrounded by farms making this hotel popular for both the tourists and locals alike.
* Current owner operators have been working in the hotel for over 20 years and have lovingly restored and improved the hotel with an updated timber bar, fresh paint throughout and exposed red bricks.
* A takeaway coffee and scones nook has been installed to compliment the spacious 40 x pax dining area which hosts 2 private dining sections that can be utilised for meetings and private events.
* The hotel has 2 inviting open fires and a wood heater plus a split system A/C in the kitchen and evaporative cooling throughout the hotel.
* Offering a large shady back lawn as well as a covered front verandah area.
* Accommodation development opportunities include a rear yard for RV or caravan parking.
* 2 basic style rooms and a bathroom that can be renovated and utilised for guest accommodation or managers residence, subject to council approval.
* Situated upon approx. 2,522m2 of (TZ) Township Zoned land.
Well worth an inspection.
Contact Angela Jacobsen, the Exclusive Agent, direct for more information.
Business Summary
Other Features / Notes
EXCLUSIVE, FREEHOLD GOING CONCERN, Hotel, VIC - NorthKey Investment Insights
1. Freehold going concern offered for sale, exclusive listing in Victoria.
2. Heritage country pub established in 1884, providing historical character and provenance.
3. Prime location on the famous Silo Art Trail, attracting both tourists and local farm communities.
4. Long-term owner operators with over 20 years of stewardship, recent restorations and improvements.
5. Refurbishments include an updated timber bar, fresh paint and exposed red brick features.
6. Fitted takeaway coffee and scones nook, complementing hospitality offering and walk-in trade.
7. 40‑person dining area with two private dining sections, suitable for meetings and private events.
8. Solid amenity package including two open fires, wood heater, split system A/C in the kitchen and evaporative cooling throughout.
9. Large shady back lawn and covered front verandah, enhancing outdoor patron capacity and appeal.
10. Development and accommodation upside, approx. 2,522 m2 township‑zoned land with rear yard suitable for RV/caravan parking, plus two basic rooms and a bathroom able to be renovated for guest accommodation or manager’s residence, subject to council approval.
