Jeparit, Victoria
59HF - An Affordable Freehold & Business Hotel
SOLD
Business Description
* A unique Hotel freehold & business is being offered to you by Tourism Brokers.
* A huge 2 acre block
* 3 Motel style units at the rear of the hotel
* Ample size, 4 bedroom residential accommodation for leasee
* Currently operated as a country lifestyle Hotel
The Hopetoun House Hotel at Jeparit was rebuilt in 1938 after the original building was destroyed by fire. The current building has operated as a Hotel for many years.
It closed for a short time in 2016 due to a change in ownership and then reopened shortly after in November of that year.
An aggressive maintenance program has been undertaken by the current operators. This Hotel business has room left to grow. If you enjoy a challenge and wish to place your own signature on this time tested business, look no further.
An inspection is the only way you will appreciate this Hotel. Call Barry Bolwell from Tourism Brokers to arrange an inspection today.
Property ID: 59HF (quote when enquiring)
Location: Jeparit is a small town on the Wimmera River in a rural area known for its production of wheat, wool, barley and oats. It is located 376 km north-west of Melbourne via Ballarat and 45 km west of Warracknabeal. A town with such natural beauty and steeped in history, Jeparit will surprise you.
Hindmarsh Shire is located in the Wimmera region in western Victoria and covers an area of 7,527km2. Situated on the Western Highway, 375km west of Melbourne and 350km east of Adelaide, Hindmarsh Shire is alive with business opportunities as it lies on the second-busiest freight corridor in Australia.
The Shire is bound by two National Parks, the Little Desert in the South and Wyperfeld in the North. Other distinct natural features include the Big Desert Wilderness Area to the West, as well as the Wimmera River and Lakes Hindmarsh and Albacutya. The central part of the Shire is utilised primarily for broad-acre cropping and grazing.
Property Code: 2547
Business Summary
Key Investment Insights
1. Unique opportunity to purchase a Hotel freehold and business in Jeparit, a small town known for its production of wheat, wool, barley and oats.
2. The property sits on a huge 2 acre block, providing ample space for expansion and development.
3. The Hotel currently operates as a country lifestyle Hotel, with potential for growth and improvement.
4. The property includes 3 motel style units at the rear of the hotel, providing additional income opportunities.
5. The residential accommodation on the property consists of a spacious 4 bedroom dwelling, available for the leasee.
6. The current owners have undertaken an aggressive maintenance program, ensuring the property is in good condition.
7. Jeparit is located in the Hindmarsh Shire, which is situated on the Western Highway and is a major freight corridor in Australia.
8. The Shire is surrounded by natural features such as the Little Desert, Wyperfeld National Park, and the Wimmera River and Lakes.
9. The central part of the Shire is primarily used for broad-acre cropping and grazing, providing potential business opportunities.
10. An inspection is necessary to fully appreciate the potential of this Hotel.
