16-18 Byrne Street, Moyhu, Victoria

Moyhu Hotel, VIC - 1P0239

Freehold Going Concern - $1,495,000

Business Description

EXCLUSIVE TO MHB

King Valley Wine Region Boutique Freehold Hotel.

The Moyhu Hotel - A genuine offering to the market!

Ideal room to move for the Brewery / Distillery market.

Presented for freehold sale, this is the perfect opportunity to acquire an established and profitable modern hotel offering situated amongst the popular King Valley wine region and Prosecco Road gourmet food trail.

Featuring a public bar, spacious dining area with capacity for 65 patrons, large fully equipped commercial kitchen, separate games/ casual function space that can be used for smaller gatherings, lounge, footpath trade, large outdoor function space (up to 500 capacity) with stage and bar, superb undercover outdoor space, relaxing outdoor beer garden, ample parking, plus 7 hotel accommodation rooms (could also be utilized as residence space).

Significant residential development locally highlights further business development, already consistently trending growth even across the Covid affected trading period through 2021 and 2022.

Currently not trading to capacity (currently only trading 5 days a week), there is huge potential for revenue growth across function, event and annual festival initiatives within the hotel.

Genuine potential exists for further development across the under-utilized former bank and morgue buildings inclusive of the property. An ideal opportunity for an on-premises brewery and or distilleries. The bank building with street frontage could readily be sub-leased also.

Key Features:

* Established and profitable business model with much upside
* Multiple income streams across bar, dining, functions and accommodation
* Enviable location amongst King Valley Wine & Milawa Gourmet Food Trail
* 7 x Hotel accommodation rooms
* Located within a very popular tourism region
* Excellent plant & equipment
* Well supported by locals, visitors and holiday makers
* Situated upon approx. 2,249m2 of (TZ) Township Zoned land

Well-appointed and presented, the Moyhu Hotel is the complete modern hospitality operation.

Contact Dan McDonald at MHB direct on ---------- to book an inspection of this terrific property.

Business Summary

Other Features / Notes

Freehold, Hotel, VIC - North East
Marketing Agent
McDonald Hospitality Brokers (MHB)

McDonald Hospitality Brokers (MHB)

Key Investment Insights

1. Located in the popular King Valley wine region and Prosecco Road gourmet food trail, offering a unique and desirable location for visitors and locals alike.
2. Multiple income streams including bar, dining, functions, and accommodation, providing a well-rounded and profitable business model.
3. Potential for further development and revenue growth through the utilization of under-utilized buildings on the property, such as the former bank and morgue buildings.
4. Consistently trending growth even during the Covid-19 affected trading period, highlighting the resilience and potential of the business.
5. 7 hotel accommodation rooms, providing an additional revenue stream and potential for further growth in the tourism market.
6. Well-supported by locals, visitors, and holiday makers, showcasing the strong reputation and popularity of the business within the community.
7. Situated on approximately 2,249m2 of (TZ) Township Zoned land, providing ample space for current operations and potential for future expansion.
8. Excellent plant and equipment, ensuring the smooth operation and efficiency of the business.
9. Ideal opportunity for a brewery or distillery to capitalize on the growing market in the region.
10. Well-appointed and presented, offering a modern and inviting atmosphere for customers.
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