Violet Town Hotel - 1P4480H
Passive freehold investment opportunity that ticks all the boxes.
Historic country Hotel located just of the Hume Highway in the lovely township of Violet Town, Victoria.
This classic Hotel has been well maintained and has many features including a large open plan public bar with TAB, front and rear beer garden areas, pool tables, commercial kitchen, lounge, large dining room with an open fireplace and a private dining/function room.
There are also 3 fully self-contained Motel rooms which can accommodate up to 4 people and a separate 3 bedroom residence located next to the Hotel would suit a purchaser with a young family.
* Single level, solid brick, modern construction – rebuilt in 1995.
* One Hotel town with secure & successful tenancy history
* Free standing separate Lot 3 bedroom house included
* Diverse revenue streams
* 90 minutes from Melbourne
* Secure rental return of $63,500pa
* 8.2% buyers yield
The Hotel is situated within the hub of the community and enjoys strong ties with local sporting and community groups and shows solid returns with limited competition.
Inspection a must! Contact Dan McDonald at CRE Brokers today.
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -
Other Features / Notes
A:INVESTMENT, B:HOTEL/BAR, C:VIC - North