Under Contract - Stanhope Family Hotel Motel, Stanhope Vic - 1p0242

EXCLUSIVE TO MHB

Freehold with Vacant Possession - VIC Hotel Motel For Sale

* Urgent sale required due to vendor ill health.

Huge Development Potential Opportunity!

Just stock up and start trading. Everything is still in place and ready to go for the new owners!

Currently closed due to family reasons, this hotel motel would greatly benefit from a freshen-up and would be an ideal first-time property for energetic operators.

Key Features:

* Accommodation and VIC liquor license still current
* 6 x Motel Units (2 x currently active, 2 x under refurbishment)
* 165 Solar panels & 2 x 25 litre water tanks
* Large garage + 5 x car double carport
* Dining with seating for 100 plus, large commercial kitchen
* Beer garden with decking, large carpark
* Drive through bottle shop, large cool room
* Outdoor smoking area, closed back yard
* 2 x security systems
* 166 panel / 65 KW solar system on roof
* Situated upon approx. 3,610m2 of (TZ) Township Zoned land

During Covid and for family reasons, the hotel has operated on reduced hours and also many capital works have been undertaken across the property.

For Sale at $630K, this is well below replacement cost.

Contact Dan McDonald at MHB direct on XXXXXXXXXX to book an inspection on this property.