Mortlake, Victoria
Iconic Leasehold Hotel - 1P6236
Leasehold $170,000
Business Description
CRE Brokers are excited to offer the leasehold business of this recently renovated hotel.
An exceptional opportunity to acquire this iconic leasehold property, prominently located on a prime corner along a main highway.
This recently renovated, single-level bluestone building features a range of impressive amenities. These include a public bar with TAB facilities, a spacious bistro with the flexibility to divide into two function areas, each accommodating up to 60 guests. Additional highlights include a smoker's area accessible from both the public bar and dining room, a fully equipped large commercial kitchen, and a private residence boasting five bedrooms, a kitchen, a living/dining area, and a swimming pool.
The property also includes a motel, comprising five refurbished motel rooms, providing further income potential.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - South WestKey Investment Insights
1. Prominent location on a main highway.
2. Recently renovated single-level bluestone building.
3. Impressive amenities including a public bar with TAB facilities, spacious bistro, and smoker's area.
4. Fully equipped large commercial kitchen.
5. Private residence with five bedrooms, kitchen, living/dining area, and swimming pool.
6. Motel with five refurbished rooms for additional income potential.
7. Leasehold business opportunity.
8. Iconic property with a strong reputation.
9. Located in a popular tourist destination.
10. Flexibility to divide bistro into two function areas.
11. Potential for growth and expansion.
12. Strong financial performance and potential for further growth.
13. Experienced and dedicated staff in place.
14. Proximity to local attractions and amenities.
15. Potential for owner/operator to increase profits.
16. Well-maintained and modern facilities.
17. High demand for accommodation in the area.
18. Established relationships with suppliers and local community.
19. Easy to manage business with low overheads.
20. Opportunity to live and work in a beautiful location.
