Warracknabeal, Victoria

AN AMAZING FREEHOLD HOTEL OPPORTUNITY AWAITS - 109HF

REDUCED FREEHOLD $599,000

Business Description

The Royal Mail Hotel in Warracknabeal is an iconic establishment in northwest Victoria.

Being sold as a Freehold Property (vacant possession), and not currently operating, this allows the purchaser a blank canvas to add your own flair to create a desirable hotel where locals and travelling guests can call in and enjoy the warm hospitality of this amazing historical property.

This large double storey hotel sits on 2,203 m2 of land and is situated in the main street of the town and boasts a comfortable public bar, bistro seating over 70, function room, excellent brand-new rear beer garden, 8 lettable accommodation rooms, commercial kitchen and a five-bedroom manager’s residence.

The hotel has demonstrated strong consistent turnover, profitability and offers the potential for continued growth. Capitalize on the huge tourism generated by the Silo Art Trail, tap into the towns sporting clubs and grasp the huge demand for accommodation currently in this regional area.

Vendor wants sold. This is a blank canvas for the right person to add their own flair to a solid, well located property.

Demand for accommodation is high in this well serviced country town. Think harvest season, contractors, seasonal workers, tourists on a budget sightseeing the silo trail.

13 rooms plus available to rent out, plenty of amenities for guests, including kitchen areas and communal lounge. The opportunities are endless.

NOTE: FREEHOLD - VACANT POSSESSION

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 109HF (quote when enquiring)

Property Code: 4643

Business Summary

Marketing Agent
Andrew Cronin
Andrew Cronin

Key Investment Insights

1. Iconic and historical establishment in northwest Victoria
2. Freehold property with vacant possession, allowing for personalization and potential for growth
3. Prime location on main street of town
4. Features include public bar, bistro, function room, beer garden, accommodation rooms, commercial kitchen, and manager's residence
5. Strong and consistent turnover and profitability
6. Potential to tap into tourism generated by Silo Art Trail and demand for accommodation in the area
7. Vendor motivated to sell
8. High demand for accommodation in the well-serviced country town
9. Multiple rental opportunities with 13 rooms and amenities for guests
10. Endless possibilities for growth and development
11. Freehold property with vacant possession
12. Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection
13. Property ID: 109HF (quote when enquiring)
14. Property Code: 4643
Listing location

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