105 Main Street, Rutherglen, Victoria
SOLD - Star Hotel, Rutherglen
SOLD
Business Description
Built in the 1860's this historic and charming country Hotel is perfectly located on the corner of Main and High Streets in the heart of the historic Rutherglen township.
The Hotel has been well maintained with large open dining and undercover beer garden along with a comfortable and spacious public bar. The Hotel offers multiple income streams including drive thru bottle shop and 6 motel style accommodation rooms at the rear. The kitchen has been outsourced to the popular local Eastern Palace Chinese restaurant for over thirty years- offering both pub fare and Chinese cuisines with a steady trade of both locals and tourists.
The Star Hotel has a solid trade derived from loyal locals and the influx of tourists visiting Rutherglen and surrounds. The world-renowned Rutherglen Wine region and close proximity to the Murray River has seen the area become an increasing popular destination for weddings and events in turn increasing demand for food, beverage and accommodation.
This is a fantastic business opportunity for a motivated purchaser to benefit from the Hotels multiple income streams in a sought-after regional location.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:HOTEL/BAR, C:VIC - North EastKey Investment Insights
1. Historic building dating to the 1860s, providing character and potential heritage appeal to patrons and events.
2. Prominent corner location at Main and High Streets in the heart of Rutherglen, offering strong visibility and foot traffic.
3. Multiple revenue streams including a drive thru bottle shop, pub bar trade, dining areas, and six motel style accommodation rooms at the rear.
4. Well maintained premises with large open dining area, undercover beer garden, and a comfortable spacious public bar, supporting varied trading formats.
5. Outsourced kitchen arrangement with Eastern Palace Chinese restaurant operating for over 30 years, delivering consistent menu variety and established food trade.
6. Solid patron base of loyal locals combined with steady tourist trade, reducing reliance on a single customer segment.
7. Strategic proximity to the world renowned Rutherglen wine region and the Murray River, enhancing appeal to wine tourists and regional visitors.
8. Growing demand from weddings and events in the area, supporting increased food, beverage and accommodation occupancy potential.
9. Listed as leasehold, classified as hotel and bar, located in Victoria North East, clarifying asset and regional positioning.
10. Positioned as a strong opportunity for a motivated purchaser to leverage existing income streams and tourism growth, despite the listing status indicating the property is sold.
