Mortlake, Victoria
Iconic Leasehold Hotel - 1P6236
Leasehold $159,000
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. Recently renovated, single-level bluestone building
2. Prime corner location along a main highway
3. Impressive amenities including a public bar with TAB facilities and a spacious bistro
4. Flexibility to divide bistro into two function areas, each accommodating up to 60 guests
5. Smoker's area accessible from both the public bar and dining room
6. Fully equipped large commercial kitchen
7. Private residence with five bedrooms, kitchen, living/dining area, and swimming pool
8. Motel with five refurbished rooms for additional income potential
9. Located in a popular tourist destination in South West Victoria
10. Strong potential for growth and further development
11. Leasehold opportunity with attractive lease terms
12. Well-established and iconic property with a loyal customer base
13. Opportunity for new owners to put their own stamp on the business
14. Potential for increased revenue through marketing and events
15. Experienced and dedicated staff in place
16. Opportunity to live on-site and enjoy a relaxed lifestyle
17. Close proximity to local attractions and amenities
18. Strong financial performance and consistent profitability
19. Potential for expansion and diversification of services
20. Ideal for an owner-operator or investor looking for a profitable and well-established business.
