Sold - Violet Town Hotel Motel, Vic - 1p0390

EXCLUSIVE TO MHB

Attention Savvy Investors!

An excellent opportunity exists to secure this freehold passive investment hotel motel located within a charming rural country township, just off the Hume Highway in north-east Victoria. 

Situated upon (approx.) 2,063m2 of TZ - Township Zoned land and perfectly positioned along the main commercial street of Violet Town, the hotel motel capitalises on approx. 2,500 thousand cars passing by each day.
 
Rich in history, the Violet Town Hotel Motel was originally established in 1886 as the Ellen Frances Hotel. It burnt down in 1993 and was rebuilt and renamed in 1996. 

The building has been well maintained and represents a classic country hotel motel today.

The property offers many features including a large open plan public bar with TAB and ATM facilities, excellent beer garden areas, pool tables and game machines to entertain the children.

There is a large dining room with an open fireplace and a private dining / function room with seating for up to 25 patrons.

The Hotel is highly regarded for its fine dining and shows good returns with limited competition.

A separate spacious 3 x bedroom family residence, located next to the Hotel is also included.

Plus, there are also 3 fully self-contained motel rooms which can accommodate up to 4 people. All rooms contain a separate spa, bathroom and shower area.

The property is situated within the hub of the district and has strong ties with local sporting and community groups.

This is a wonderful opportunity for an enthusiastic investor to take advantage of an established and rewarding business.

Predominately an agricultural and dairying region, Violet Town is a small country community nestled at the foot of the Strathbogie Ranges in north east Victoria. Located along the Hume Highway approx. 174 kms north east of Melbourne, approx. 30kms from Benalla and approx. 50 kms from Shepparton.

Offering a return on investment of approx. 7.4%, this is a fantastic investment opportunity and a must to inspect!

Contact Dan McDonald at MHB direct on XXXXXXXXXX for more information.