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Address available on request Warracknabeal, VIC 3393

Address available on request,
Warracknabeal, VIC 3393

Hotel, Motel & Leisure

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AN AMAZING FREEHOLD HOTEL OPPORTUNITY AWAITS - 109HF

The Royal Mail Hotel in Warracknabeal is an iconic establishment in northwest Victoria.

Being sold as a Freehold Property (vacant possession), and not currently operating, this allows the purchaser a blank canvas to add your own flair to create a desirable hotel where locals and travelling guests can call in and enjoy the warm hospitality of this amazing historical property.

This large double storey hotel sits on 2,203 m2 of land and is situated in the main street of the town and boasts a comfortable public bar, bistro seating over 70, function room, excellent brand-new rear beer garden, 8 lettable accommodation rooms, commercial kitchen and a five-bedroom manager’s residence.

The hotel has demonstrated strong consistent turnover, profitability and offers the potential for continued growth. Capitalize on the huge tourism generated by the Silo Art Trail, tap into the towns sporting clubs and grasp the huge demand for accommodation currently in this regional area.

Vendor wants sold. This is a blank canvas for the right person to add their own flair to a solid, well located property.

Demand for accommodation is high in this well serviced country town. Think harvest season, contractors, seasonal workers, tourists on a budget sightseeing the silo trail.

13 rooms plus available to rent out, plenty of amenities for guests, including kitchen areas and communal lounge. The opportunities are endless.

NOTE: FREEHOLD - VACANT POSSESSION

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 109HF (quote when enquiring)

Property Code: 4644

Additional information

Warracknabeal, 3393 demographic data

The median household income for Warracknabeal is $1,079, 22% lower than Regional Victoria's household income of $1,386. Warracknabeal has an older age profile compared to the rest of Regional Victoria (median age 50 vs 43). Property ownership data shows 33% of property owners in Warracknabeal have a mortgage.

2,359
Population
$1,079 per week
Median household income
50 years
Median age
Owners
Most residents
Families
Most households
04330919...
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Address available on request
Warracknabeal, VIC 3393
Tourism Brokers - NSW, QLD, VIC & TAS
Centralised Administration: 32 Lamorna Ave
BEECROFT, NSW 2119

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