70 Mangan Street, Tongala, Victoria

Leasehold $150,000

Property Description

HUGE PRICE REDUCTION - Tongala Hotel Motel - 1P3835H

VIC Hotel Motel For Sale

Priced to sell. Vendors are motivated!

The Tongala Hotel Motel is located on a prominent corner site of approximately 2884 square metres. This historic hotel was established in 1887 and in 1913 the current brick building replaced the weatherboard hotel. The hotel is the hub of the local community and has been used as a meeting place since the late 1890's.

The Tongala Hotel Motel is in excellent condition and features a public bar, TAB, bistro, central kitchen, drive thru bottle shop, 9 separate motel units and a large 3 bedroom managers residence.

The current owners have established a strong business, with great reviews for food and service from the clientele. This is a solid business with multiple income streams.

Great opportunity to grow this business further in this strong community.

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

Property Summary

Motel Information

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

Hotel Information

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

Other Features / Notes

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

Marketing Agent


Marketing Agency

CRE Brokers

Ian McDonald
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

70 Mangan Street, Tongala, Victoria 3621

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