44 Gladstone Street, Glenrowan, Victoria

SOLD - Glenrowan Kelly Country Motel VIC - 1P0048

SOLD

Business Description

EXCLUSIVE TO MHB

Rare Freehold Motel in the heart of historic Glenrowan!

This ideal entry level Motel is easy to run and presents to the buyer a perfect opportunity to combine both business and lifestyle in one of Victoria`s most historically significant tourism destinations.

Located just one kilometre off the busy Hume Freeway, the Motel is a convenient stopover for guests traveling between Melbourne and Sydney.
Featuring a diverse range of accommodation options with 8 beautifully presented and well-appointed Motel style rooms, inviting swimming pool, BBQ area, landscaped gardens, ample undercover guest parking, good signage plus a 2 bedroom residence.

Key features:

* Scope for development or expansion (STCA)
* Progressive and consistent revenue growth positioned to continue
* Overlooking the site of the famous Ned Kelly siege site
* Situated within close proximity to local vineyards, wineries and national parks
* Prominent main street location and close to all town amenities
* Rated 9/10 from Booking.com & 9/10 from Expedia (2020)
* Situated on (approx.) 1,991m2 of Commercial Zoned land

The thriving township of Glenrowan attracts masses of year round visitors and tourists to the region with the many attractions and annual events in the area as well as its robust industries including the Glenrowan West Solar Farm project and plans for the Glenrowan ARTL Overpass Development.

This is an amazing opportunity for an enthusiastic operator to reap the rewards of within a terrific community and popular tourism location.

A genuine and unique opportunity to the accommodation market that must be considered!

Contact Dan McDonald direct to arrange an inspection of this quality property.

Business Summary