Address available on request,
Yarrawonga, VIC 3730
Hotel, Motel & Leisure
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A MONEY MAKING 35% ROI & CAN BE RUN UNDER MANAGEMENT - 60HL
- Weekly takings in excess of $72,000. With the last 6 months averaging over $72,000 per week, this is equivalient to a years wage.
- Central Hotel within walking distance to Lake Mulwala and town amenities.
- Healthy profit without gaming.
- Sports Bar with TAB.
- 20 well maintained ensuite rooms plus manager’s unit.
- Favourable lease terms – 27 years remaining.
- Ample car parking.
- Bar, bistro, beer garden, bottle shop, functions and catering.
- Staffing sorted - everything will run as is for new owners.
- 3 hours from Melbourne - hot tourist location year round.
- 4.5 rating on Trip Advisor.
Net Profit: $418,732 for 2020/21; $433,367 for 6 months to April 2022
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 60HL (quote when enquiring)
Property Code: 4064
- Central Hotel within walking distance to Lake Mulwala and town amenities.
- Healthy profit without gaming.
- Sports Bar with TAB.
- 20 well maintained ensuite rooms plus manager’s unit.
- Favourable lease terms – 27 years remaining.
- Ample car parking.
- Bar, bistro, beer garden, bottle shop, functions and catering.
- Staffing sorted - everything will run as is for new owners.
- 3 hours from Melbourne - hot tourist location year round.
- 4.5 rating on Trip Advisor.
Net Profit: $418,732 for 2020/21; $433,367 for 6 months to April 2022
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 60HL (quote when enquiring)
Property Code: 4064
Yarrawonga, 3730 demographic data
The median household income for Yarrawonga is $1,149, 17% lower than Regional Victoria's household income of $1,386. Yarrawonga has an older age profile compared to the rest of Regional Victoria (median age 52 vs 43). Property ownership data shows 37% of property owners in Yarrawonga have a mortgage.
8,661
Population
$1,149 per week
Median household income
52 years
Median age
Owners
Most residents
Families
Most households
04330919...
Address available on request
Yarrawonga, VIC 3730
Tourism Brokers - NSW, QLD, VIC & TASCentralised Administration: 32 Lamorna Ave
BEECROFT, NSW 2119
BEECROFT, NSW 2119
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