Highly recommend Phil and the Team at CRE Brokers. Professional, excellent industry knowledge and great after sale support.
Contact Us
1300 76 78 02
Expressions of Interest are now invited for the Yarragon Hotel - a beautifully restored landmark venue offering immediate operational appeal and long-term growth potential. High-exposure free-standing hotel in the heart of West Gippsland. Perfectly positioned along the Princes Highway, this thriving one-hotel town attracts a steady mix of locals, tourists, and travellers exploring Victoria's scenic Gippsland region.
Just 117 km east of Melbourne, Yarragon is surrounded by lush farmland and rolling hills, offering a relaxed lifestyle setting with solid population growth and excellent long-term prospects. With new housing developments underway and over 60,000 vehicles passing by daily, the town is experiencing exceptional expansion and increasing demand for hospitality services.
The Yarragon Hotel has been tastefully refurbished, uncovering its original sandstone charm and combining period character with modern functionality. The property includes multiple bar and dining spaces, an expansive beer garden with a container bar, and upstairs accommodation and residence-all sitting on a substantial dual-title allotment with ample parking.
This is a rare chance to invest in a true community hub with multiple income streams and significant upside potential.
Highlights
• Prime Princes Highway frontage with high daily traffic exposure
• Only hotel in town – strong local support and repeat patronage
• Recently refurbished throughout, including new roof and sandstone restoration
• Multiple income streams: bar, bistro, beer garden, café space, and accommodation potential
• Expansive beer garden and outdoor entertainment area with container bar
• Manager's residence with two bedrooms, kitchen, and renovated bathroom
• Upstairs includes seven additional rooms ideal for future accommodation or office space
• Situated on two titles (approx. 1,824m²) with parking for 20 vehicles
• Located in fast-growing West Gippsland, with strong residential and tourism growth
• Just 117 km from Melbourne with excellent road and rail access
Want to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalWant to know more about this property?
View More in Client PortalHighly recommend Phil and the Team at CRE Brokers. Professional, excellent industry knowledge and great after sale support.
Couldn't be happier. Anne and Phil from CRE Brokers have been very professional and an absolute pleasure to deal with. Our business was sold in record time. We will definitely recommend them. Thanks.....
Couldn't be happier. Anne and Phil from CRE Brokers have been very professional and an absolute pleasure to deal with. Our business was sold in record time. We will definitely recommend them. Thanks.....
The only brokers worth dealing with. Fast effective and professional service with 100% strike rate. Thanks heaps Phil and the CRE team
Great to deal with Helpful in every way Definitely work with Phil again for any future purchases
Phil from CRE Brokers delivered a solid result with a tricky transaction and navigated successfully for both parties, I would recommend his services
We sold our business thanks for the great work that Phill did we got a good price Everything went really easy with the sale they were just a pleasure to deal with and Phill went out of his way to make sure he did the right thing by us which was great
It has been a long road to finally have our Motel Sold with covid 19 playing a massive part in the difficulties of sell. Through it all Phil and the team have been proactive and enthusiastic in their approach to obtaining the best outcome for us. I commend them on their down to earth friendly attitude toward sales and would highly recommend them to others in the process of selling or buying a business
We sold our property recently with Phil from CRE Brokers. Phil's service was exceptional and we would highly recommend both Phil and CRE to anyone who is looking to buy or sell their business.
Attention to detail was great Very patient and thorough - Little Red Duck Cafe
We at Little Red Duck Café at Noojee Victoria would like to thank the team at CRE Broker - Phil for the help and smooth transfer of ownership to us , there was a lot of quick responses to ensure we had a happy ending with our hand over from previous owners thank you again to the team
Phil worked tirelessly on the recent sale of our property for which we thank him. A terrific outcome for both parties. We highly recommend Phil and the CRE team
Phil was just fantastic. Great communicator and conducted himself reliably and professionally throughout the whole sale and handover process. Highly recommended
Rohan and Phil from CRE Brokers were great to deal with. Always available via phone or email to help with any information we needed or queries we had. Couldn't be happier with their service and outcome when selling our pub.
It is fortunate to work with CRE, Phil and Rohan are experienced and gives very smooth directions to deal. Highly recommend.
Phil and the team from CRE went above and beyond when Julie and I sold our motel. Phil helped us negotiate some tricky times along the way but always remained calm and reassuring. He found the people who bought before we went to market and we couldn't have been happier, they are a lovely couple and we wish them all the best. Thanks Phil.
Attention to detail was great Very patient and thorough, Phil, Tracey and the team are great to deal with.
Was always helpful and returned calls in timely fashion if he was unable to answer at the time
The CRE Team were thorough and easy to do business with. We have worked with Phil on several occasions and this has become a great business partnership.
Phil sold our motel 2.5 years ago and the experience was outstanding. We achieved our full asking price and received an offer within a week of listing. His market knowledge, strategy and negotiation skills were clearly evident from the beginning. We’ve since engaged Phil again to sell our current property, and once again he has been exceptional. He has handled some incredibly difficult buyers with professionalism, patience and integrity, always keeping us informed and supported throughout the process. Phil is calm under pressure, transparent in his communication, and genuinely committed to achieving the best possible outcome for his clients. We wouldn’t hesitate to recommend him to anyone buying or selling.