237 Great Alpine Road, Harrietville, Victoria

FHGC - $1,850,000

Property Description

Harrietville Snowline Hotel Motel - 1P4693H

EXCLUSIVE TO CRE BROKERS

Superb Freehold Hotel Motel For Sale

First time to the market in 13 years!

The Harrietville Snowline Hotel Motel is an iconic destination for locals, sporting and leisure tourists alike at the foot of Mount Hotham and the valley stretch end of the Great Alpine Road.

A truly dynamic venue, the Hotel Motel has evolved into a seamless hospitality business run under management with diverse revenue streams across food, beverage, accommodation, events, community, tourism, group bookings and live music in arguably Victoria`s most picturesque settings.

With an ideally placed 16 Motel rooms the Hotel Motel is the perfect catchment for Feathertop and Mount Hotham snow traffic as well as bike riders, walkers, hikers, winery visitors and Great Alpine Road travellers.

The Harrietville Snowline Hotel Motel has a food and wine reputation all of its own and has undergone significant refurbishment of plant and equipment as well as key investment toward service and management automation.

Development opportunities exist across older style Hotel accommodation (6 pub style rooms) which could be upgraded to more accommodation, staff quarters, brewery, ski hire and provedore plus a vacant floor space oozing potential to create another revenue stream. The canvas is there to work with!

* Very profitable with 17.5% ROI
* Strong & consistent performer across diverse revenue streams
* Fantastic location in tourism stronghold
* Community spirited with very strong local support & advocacy
* Streamlined business suitable for management and/or an owner operator
* Situated on 3,314.70m2 land parcel

A must to consider for a savvy hospitality professional and a genuine offering to market for sale!

Contact Dan McDonald to arrange your inspection of this remarkable property.

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Hotel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Other Features / Notes

A:FREEHOLD GOING CONCERN, B:HOTEL/BAR, B:MOTEL, C:VIC - North East

Marketing Agent


Marketing Agency

CRE Brokers

Dan McDonald
CRE Brokers

Phone

Listing Tools

This listing last updated: 13th September 2019

Property Map

Map Location ( get directions )

237 Great Alpine Road, Harrietville, Victoria 3741

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