186-188 Myrtle Street, Myrtleford, Victoria
FREEHOLD - Vendor Terms Available - Golden Leaf Motel, Myrtleford VIC - 1P0584
Freehold Going Concern - $4,650,000
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 arrange an inspection, contact Angela Jacobsen on ---------- or Dan McDonald on ---------- .
Business Summary
Other Features / Notes
EXCLUSIVE, FREEHOLD GOING CONCERN, Motel, VIC - North EastKey Investment Insights
1. Freehold 27-room motel offered as a going concern, providing ownership of land and business.
2. Prime location on the iconic Great Alpine Road, positioned as the gateway to Bright and Victoria's snowfields, targeting high tourism demand.
3. First time on market in 18 years, indicating long-term established operation and potential for stable repeat clientele.
4. Commanding central position in Myrtleford with limited direct competition, supporting market capture in the tourism corridor.
5. All guest rooms on a single level with internal corridors, facilitating easy guest access to reception and restaurant, and simplified operations.
6. Onsite four-bedroom family residence above the restaurant, suitable for owner-operators or resident management and reducing staffing accommodation needs.
7. Large restaurant with fully equipped commercial kitchen and walk-in cool room, currently underutilised and offering clear upside through expanded food and beverage trading.
8. High-visibility site with strong drive-by traffic, delivering consistent exposure to passing tourists and travellers.
9. Property sits on approximately 2,922m2 of GRZ1 General Residential Zoned land, providing site scale and potential redevelopment considerations within zoning.
10. Vendor terms available, increasing accessibility for buyers and facilitating transaction flexibility.
