140 Mcdonalds Track, Lang Lang, Victoria
Major Price Reduction - 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 - GippslandKey Investment Insights
1. Major price reduction presents immediate value purchase opportunity.
2. Vendor motivated to retire, enabling a quick handover to an active buyer.
3. Long lease in place with fair market rent, providing income stability.
4. Significant upside from non‑operating bottle shop and function room, ready to boost turnover.
5. High-visibility corner site, 1267 sqm, on a prominent block in Victoria’s fastest‑growing corridor.
6. Large car park supports patron access and event capacity.
7. Thirteen rentable accommodation rooms generate ancillary revenue.
8. Onsite commercial kitchen and spacious dining room facilitate full hospitality operations.
9. Existing TAB and drive‑in bottle shop contribute to diversified income streams.
10. Spacious public bar and function room provide event and group trading potential.
11. Solid two‑storey brick building indicates durable asset and potential for value retention.
12. Leasehold hotel/bar located in Gippsland, aligning with regional growth trends.
