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Myrtleford Hotel Motel

Myrtleford Hotel Motel

Freehold - POA

SOLD - Myrtleford Hotel Motel - 1P0147


Dan McDonald


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Myrtleford Hotel Motel

Freehold - POA


Multiple Income Streams – Food / Beverage / Accommodation.

Located within the gateway to the famous Victorian High Country, this classic freehold country hotel motel has had extensive renovations completed recently.

Situated in the centre of town, the current owners have done most of the hard work already for the next operator to capitalize on. Immense capital works have been completed in the hotel, especially within the accommodation component with 70% of works completed thus far, and just minor cosmetic work required for the remaining rooms. The property features 9 accommodation room component of the property with all rooms tastefully renovated to the highest of standards plus a self-contained apartment or second residence that could serve as a full time Airbnb.

The superb owner`s residence would easily compete with some of the best stand-alone homes in the area. Offering a massive master bedroom galley style kitchen along with an additional 2 bedrooms that would serve a live in family if required.

To complete the package, there is the rare option of a self-contained family room / wing which sleeps up to 10 or alternatively, this could be reconfigured to be a flexible accommodation setting with shared utilities. Downstairs, there has been extensive works behind the scenes with repairs and maintenance to the internal plumbing and electrical plus a state-of-the-art internet installed.

The kitchen has also had a complete overhaul with some of the latest equipment and new carpeting. The dining area has been fitted out with a large offering of locally sourced furnishings which is currently sub leased to another entity which could be taken back with the new owners coming in and making this part of their own operation.

The hotel has a spacious public bar and is currently licenced for 350 patrons with a larger than normal function space and huge beer garden.

Currently trading Wednesday to Sunday there is the obvious room to expand operating hours to capture a higher turnover for the next operators.

* Terrific location in a strong all season tourism area
* Multiple income streams across food, beverage and accommodation
* Excellent accommodation – 9 rooms with diverse configuration options
* Licenced for up to 500 patrons
* Upgraded Glycol beer system and beerline cleaning system
* Newly renovated Air BNB – “The Watering Hole” – Self-contained apartment
* Situated upon (approx.) 2,285m2 of CZ1 – Commercial Zone 1 land

A fantastic lifestyle and tree-change opportunity for the enthusiastic hotelier awaits. A must to inspect!

* Expressions of Interest will close at 12:00pm on Wednesday the 12th of
October 2022.

Contact Dan McDonald at MHB for more information.

Agent Details

Dan McDonald | 0437838368

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