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EXCLUSIVE TO CRE BROKERS
Vendor negotiable and ready to meet the current market - All serious offers will be considered!
VIC Freehold Passive Investment Hotel Motel Opportunity
The Myrtleford Hotel Motel is a terrific freehold investment property situated on a prime corner location on one of Myrtleford`s main streets en route to the stunning Mt Buffalo National Park and its associated skiing holiday resorts.
With recent refurbishments and upgrades the Hotel Motel is now operating 7 days a week and features a spacious public bar, lounge, bistro, large function room, beer garden, new TAB & Keno area, ample parking for patrons plus a manager`s residence.
As an added bonus there are 18 Hotel style rooms, 4 are en-suited, with a beautiful balcony overlooking the town.
* New Lease and tenant in place
* All inventory owned by the landlord
* Rent review in April 2020
* Picture postcard Alpine Valley location
* Receives strong patronage from locals and year round tourists
* Top location
* Situated on 2285.10m2 of Commercial 1 Zoned land
* Rear land ripe for development STCA (additional accommodation)
This one won't last long at this price! Excellent investment value!
Contact Ian McDonald at CRE Brokers to book your inspection.