140 Mcdonalds Track, Lang Lang, Victoria

Palace Hotel Lang Lang

Leasehold $320,000

Business Description

Don't miss your chance to secure a high-potential asset at an exceptional value.
Opportunities like this - with all the pieces ready to go - are rare.

Vendor ready to retire and hand over to a motivated buyer
- Huge untapped revenue streams
- High-visibility location
- Long lease with fair market rent

Key Highlights:
The bottle shop and function room (currently not operating) offer significant upside potential for the next operator to immediately boost turnover and drive future growth.
- Large car park
- 13 rentable accommodation rooms
- Commercial kitchen, TAB, drive-in bottle shop
- Spacious public bar, dining room, function room
- Solid two-storey brick building

This landmark hotel is set on a prominent corner block (1267sqm) in Victoria's fastest-growing corridor, featuring:

Now offered at a seriously reduced price.

Contact Phil today for full details or to arrange an inspection.

Business Summary

Other Features / Notes

A:LEASEHOLD, B:HOTEL/BAR, C:VIC - Gippsland

Marketing Agent

Phil Mammolito

CRE Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Prominent corner location on a 1,267 square metre block in Victoria’s fastest growing corridor.
2. Long lease with fair market rent supports operational continuity for the incoming operator.
3. Thirteen rentable accommodation rooms provide an established lodging component.
4. Commercial kitchen, TAB, drive in bottle shop, public bar and dining room are included.
5. Currently closed bottle shop and function room offer immediate opportunities to expand turnover.
6. Large car park supports customer access and the hotel’s broad operating footprint.
7. Solid two storey brick building provides substantial existing infrastructure.
8. Vendor retirement and a seriously reduced price create a motivated sale opportunity.