186-188 Myrtle Street, Myrtleford, Victoria

FREEHOLD - Vendor Terms Available - Golden Leaf Motel, Myrtleford VIC - 1P0584

Freehold Going Concern - $4,600,000

Business Description

MHB is delighted to present the freehold going concern sale of the Golden Leaf Motel, Myrtleford.

Key Features:

* An exceptional opportunity to secure a well-established 27-room freehold motel in a prime location on the iconic Great Alpine Road - the gateway to Bright and Victoria's renowned snowfields.

* Offered to the market for the first time in 18 years, the Golden Leaf Motel occupies a commanding central position with limited direct competition, making it a standout investment in a high-demand tourism corridor.

* All guest rooms are conveniently positioned on a single level, with internal corridors providing easy access to reception and the restaurant. Complementing the business is a spacious four-bedroom family residence located above the restaurant - ideal for onsite owners or management.

* The property features a large restaurant with a fully equipped commercial kitchen and walk-in cool room. While currently only utilised for larger group bookings on request, this space presents a significant opportunity to expand food and beverage offerings and increase revenue.

* Positioned in a standout, high-visibility location with strong drive-by traffic, the motel continues to benefit from consistent exposure to passing tourists and travellers.

* Situated upon approx. 2,922m2 of (GRZ1) General Residential Zoned land.

* Vendor Terms available.

Inspections strictly by appointment only.

For more information or to make an enquiry, contact Dan McDonald direct on ---------- or contact the MHB Office on ---------- .

Business Summary

Other Features / Notes

EXCLUSIVE, FREEHOLD GOING CONCERN, Motel, VIC - North East

Marketing Agent

Dan McDonald

Bennett Mountjoy

McDonald Hospitality Brokers (MHB)

Key Investment Insights

AI generated. Confirm details with the seller.

1. Established 27 room freehold going concern offered to the market for the first time in 18 years.
2. Central Myrtleford position on the Great Alpine Road provides a gateway to Bright and Victoria’s snowfields.
3. High visibility and strong drive by traffic support consistent exposure to passing tourists and travellers.
4. Limited direct competition enhances the motel’s position within a high demand tourism corridor.
5. Single level guest rooms and internal corridors provide convenient access to reception and the restaurant.
6. Four bedroom family residence above the restaurant suits onsite owners or management.
7. Large restaurant includes a fully equipped commercial kitchen and walk in cool room.
8. Restaurant currently serves larger groups on request, offering scope to expand food and beverage operations.
9. Approx. 2,922 square metres of General Residential Zoned land is included.
10. Vendor terms are available, potentially assisting eligible purchasers with acquisition funding.