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
Key Investment Insights
1. Freehold sale with vacant possession, allowing immediate control and redevelopment by the purchaser.
2. Iconic double storey hotel on 2,203 m2 in the main street of Warracknabeal, northwest Victoria, offering strong curb appeal and visibility.
3. Property layout includes a comfortable public bar, bistro seating for over 70, a function room, and a brand-new rear beer garden, supporting multiple revenue streams.
4. On-site commercial kitchen, enabling full food and beverage operations without major additional infrastructure.
5. Accommodation offering includes 8 lettable rooms plus a five-bedroom manager’s residence, with listing notes indicating 13-plus rooms available to rent, reflecting significant lodging capacity.
6. Demonstrated historical strong, consistent turnover and profitability, despite currently being non-operational, indicating a viable business foundation.
7. High local and seasonal demand for accommodation, driven by harvest season, contractors, seasonal workers and budget tourists, supporting occupancy potential.
8. Direct tourism upside from proximity to the Silo Art Trail, offering ready access to visitor traffic and marketing opportunities.
9. Vendor motivated, noted as wanting the property sold, suggesting potential for negotiated terms or faster transaction.
10. Described as a blank canvas, presenting scope for refurbishment, rebranding or conversion to capture additional market segments and increase returns.
11. Well serviced country town location with sporting clubs and community activity, providing steady local patronage opportunities.
