24 Main Street, Devenish, Victoria
FREEHOLD - Devenish Railway Hotel VIC - 1P0552
Freehold Going Concern - $550,000
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.
For more information or to make an enquiry, contact us direct on ---------- .
Business Summary
Other Features / Notes
EXCLUSIVE, FREEHOLD GOING CONCERN, Hotel, VIC - NorthKey Investment Insights
1. Freehold going concern sale, offering ownership of the business and property together.
2. Heritage country pub established in 1884, providing strong historical character and potential marketing advantage.
3. Prime location on the Silo Art Trail and surrounded by farms, generating mixed tourist and local patronage.
4. Long-standing owner operators with over 20 years’ stewardship, indicating operational continuity and local knowledge.
5. Recent sympathetic restorations including an updated timber bar, fresh paint and exposed red brick, reducing immediate capital expenditure.
6. Fitted takeaway coffee and scones nook, increasing retail and casual trade opportunities.
7. Spacious 40‑person dining area with two private dining sections, suitable for meetings and private events.
8. Comfortable year‑round amenities, including two open fires, a wood heater, split system air conditioning in the kitchen and evaporative cooling throughout.
9. Significant outdoor assets, comprising a large shady back lawn and a covered front verandah, enhancing alfresco trade and event capacity.
10. Development upside on approximately 2,522m2 of Township Zoned land, including scope for RV/caravan parking and conversion of two basic rooms plus bathroom into guest accommodation or manager’s residence, subject to council approval.
