Jeparit, Victoria

Investment $650,000

Property Description

59HI - An Affordable Investment Property

  • A unique Hotel business is being offered to you exclusively by Tourism Brokers.
  • A current lease in place commencing 01/04/2017. 5 years with 3 x 5 year options (20 years).
  • A sensible 9.3% return on investment.
  • A huge 2 acre block.
  • 3 motel style units at the rear of the hotel.
  • Ample size, 4 bedroom residential accommodation for leasee.
  • Currently operated as a country lifestyle Hotel.

The Hopetoun House Hotel was rebuilt in 1938 after the building was destroyed by fire. The current building has been operated as a Hotel for many years. It closed for a short time last year due to a change in ownership and then reopened shortly after in November 2016. An aggressive maintenance program has been undertaken by the current operators.

This Hotel business has room left to grow. If you enjoy a well run business as an investment for your portfolio, then look no further.

An inspection is the only way you will appreciate this Hotel.

Contact Barry Bolwell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 59HI (quote when enquiring)

Location: Jeparit is a small town on the Wimmera River in a rural area known for its production of wheat, wool, barley and oats. It is located 376 km north-west of Melbourne via Ballarat and 45 km west of Warracknabeal. A town with such natural beauty and steeped in history, Jeparit will surprise you.

Hindmarsh Shire is located in the Wimmera region in western Victoria and covers an area of 7,527km2. Situated on the Western Highway, 375km west of Melbourne and 350km east of Adelaide, Hindmarsh Shire is alive with business opportunities as it lies on the second-busiest freight corridor in Australia.

The Shire is bound by two National Parks, the Little Desert in the South and Wyperfeld in the North. Other distinct natural features include the Big Desert Wilderness Area to the West, as well as the Wimmera River and Lakes Hindmarsh and Albacutya. The central part of the Shire is utilised primarily for broad-acre cropping and grazing.

Property Code: 2382

Property Summary

Hotel Information

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

Marketing Agent

  • Barry Bolwell

  • 0433 091 920
  • 1300 512 566
  • send email

Marketing Agency

Tourism Brokers

Tourism Brokers

Tourism Brokers

Barry Bolwell
Tourism Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Jeparit, Victoria 3423 Exact map location not provided

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