105 Main Street, Rutherglen, Victoria

Leasehold $260,000 plus SAV

Property Description

Star Hotel, Rutherglen - 1P4389H

Historic VIC Country Leasehold Hotel For Sale

Priced to sell! Still trading well despite Covid19 lockdowns!

The Star Hotel, located on the main street in the heart of the tourist town of Rutherglen in country Victoria is a charming country that has been lovingly maintained and is in very good condition and features a public bar, Keno, lounge, function room, drive-thru bottle shop, upstairs residence, undercover beer garden, popular bistro/dining offering Chinese cuisine and traditional pub fare and, as an added bonus there are also 6 Motel rooms upstairs ripe for accommodation development.

The Hotel enjoys solid trade derived from loyal locals, tourists and weddings held in the town.

* Multiple income streams
* Long Lease with good terms
* Excellent Plant & Equipment
* Motivated vendor ready to meet the market
* Kitchen Leased to the same tenant for 24 years

This is an excellent business opportunity. An inspection will not disappoint.

Contact Ian McDonald at CRE Brokers to arrange an inspection today.

Property Summary

Hotel Information

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

Other Features / Notes

A:LEASEHOLD, B:HOTEL/BAR, C:VIC - North East

Marketing Agent


Marketing Agency

CRE Brokers

Ian McDonald
CRE Brokers

Phone

Listing Tools

This listing last updated: 17th September 2020

Property Map

Map Location ( get directions )

105 Main Street, Rutherglen, Victoria 3685

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