54 Kiewa East Road, Tangambalanga, Victoria

Leasehold $130,000

Property Description

Tangambalanga Hotel - 1P4066H

EXCLUSIVE TO CRE BROKERS

VIC Leasehold Hotel For Sale

Terrific country Hotel nestled within the picturesque Kiewa Valley in the charming township of Tangambalanga, Victoria.
Ideally located on a main street of the town the Hotel is well supported and patronised by locals and passing tourists.

The Hotel features a public bar, bistro / lounge, under cover outdoor area / beer garden, 3 x lettable hotel style rooms and a 3 bedroom manager's residence.

Situated close to the popular tourist destination of Lake Hume and only a 15 minute drive to the major regional twin cities of Albury / Wodonga.

Highlights

* Motivated vendors
* Fantastic outdoor undercover beer garden
* Community village heartbeat with strong local support
* Multiple income streams with bar, food and accommodation
* 62 new Solar Panels installed significantly reducing electricity costs
* Strong turnover with over $475K in 2016/2017
* 12 year Lease
* 66% Buyers Yield
* Set on 1708.60 m2 of land

With the Devondale Murray Goulburn processing plant nearby and ongoing housing developments in Tangambalanga, this is an excellent business opportunity not to be missed!

Contact Ian McDonald at CRE Brokers to arrange an inspection of this fantastic property today!

Property Summary

Other Features / Notes

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

Marketing Agent


Marketing Agency

CRE Brokers

CRE Brokers

CRE Brokers

Ian McDonald
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

54 Kiewa East Road, Tangambalanga, Victoria 3691

Similar Properties

HORSHAM
67HL - 136 % Return on Hotel Leasehold...

Leasehold $149,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers

KANIVA
2542ML - Ideal Leasehold Motel

Leasehold $130,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers
66HL - Leasehold Hotel
Exclusive

ROCHESTER
66HL - Leasehold Hotel

Leasehold $80,000 + sav
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers
Buffalo Brewery @ the Boorhaman Hotel - 1P4046H
Exclusive

1519 Boorhaman Road BOORHAMAN
Buffalo Brewery @ the Boorhaman Hotel -...

Leasehold $125,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers
Whorouly Hotel - 1P4042H
Exclusive

542 Whorouly Road WHOROULY
Whorouly Hotel - 1P4042H

Leasehold $85,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers
PRICE REDUCTION - Grand Central Hotel - 1P4045H
Exclusive

36 Punt Road COBRAM
PRICE REDUCTION - Grand Central Hotel -...

Leasehold $125,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers