Terang, Victoria
Your Opportunity To Own This Historic Haven Hotel - 129HF
FREEHOLD $1,400,000
Business Description
- Over 150 years old, this historic hotel is the centre piece of the south west.
- Only 2.5 hours from Melbourne and 35 minutes from Warrnambool.
- Small, energetic bar under licence and subletting.
- 20 rooms for accommodation with recreation, kitchen and dining facilities.
- 4 rooms offering recreation facilities including cinema, music/theatre, dining and meeting space.
- 4 small shops: arts precinct, café space, bookstore/office and alternative health clinic.
Net Profit: $55,084 for 2023/24 (as provided by vendor)
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 129HF (quote when enquiring)
Property Code: 5101
Business Summary
Key Investment Insights
1. Historic hotel with over 150 years of history.
2. Located in the center of the south west, only 2.5 hours from Melbourne and 35 minutes from Warrnambool.
3. Small, energetic bar under licence and subletting.
4. 20 rooms for accommodation with recreation, kitchen and dining facilities.
5. 4 rooms offering recreation facilities including cinema, music/theatre, dining and meeting space.
6. 4 small shops: arts precinct, café space, bookstore/office and alternative health clinic.
7. Net profit of $55,084 for 2023/24 (as provided by vendor).
8. Opportunity for further growth and development.
9. Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
10. Property ID: 129HF (quote when enquiring).
11. Property Code: 5101.
