McDonald Hospitality Brokers | Over 40 years experience

Terms & Conditions | Contact

Burkes Hotel Motel

Burkes Hotel Motel

Leasehold $1,495,000

Burkes Hotel Motel, Yarrawonga VIC - 1P0077

Agent

Dan McDonald

0437838368

Return to listings

Hotels
Leasehold


Burkes Hotel Motel

Leasehold $1,495,000

EXCLUSIVE TO MHB

The Best Victorian Leasehold Hotel Business On The Market!

Famous Burkes Hotel/Motel, Yarrawonga. A traditional Australian hotel with diverse income streams for the savvy modern hospitality professional.

Exceptional Lease terms with a long lease and very attractive rent.

Revenue streams across food, bar, functions and 20 smart motel units in an enviable location deliver an unbeatable bottom line. Accommodation revenue - $350K plus!

Ideally located in the heart of the dynamic regional centre of Yarrawonga, Burkes is a beautifully presented, modern Hotel/Motel with many features including a spacious open plan public bar, TAB, lounge, bistro/dining, commercial kitchen, 2 x function spaces, alfresco dining, beer garden plus a 1 bedroom, 2 bathroom and lounge residence.

Key Features:

* Long 27 year Lease in place
* 38.4% (approx.) Buyers Yield
* Rent @ 5.8% of turnover with accommodation revenue of $350K plus
* Public bar, TAB, bistro, function, accommodation
* Ideal golf & tour destination offering 20 accommodation rooms
* Fantastic floor plan delivering high volume revenue opportunities
* Prominent central city location
* Excellent plant & equipment
* Ample secure parking for patrons and guests

Contact Dan McDonald today to arrange your inspection of this outstanding business opportunity.

Agent Details

Dan McDonald

0437838368



Do you want to find out more about this listing?

MHB provides additional listing information through our safe, secure Client Portal. You’ll have access to all of the information you need to make an informed decision whether to proceed. The information provided is thorough, clear, and easy to access.

Signing up to the Client Portal is quick, easy and secure. Both your personal details and the additional listing information is protected, so you can get the information you need without the hassle. We’ve introduced the MHB Client Portal to streamline access to important listing information, which ultimately saves you time.


Sign Up

to the MHB Client Portal

Get access to additional property information

We’re proud to present the MHB Client Portal, our place for buyers to access the information they need when considering the purchase of a business, property or land.