McDonald Hospitality Brokers | Over 40 years experience
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Not to be missed!
Rich in History, this beautifully renovated and stylishly appointed leasehold venue is the absolute complete modern hospitality offering!
Packed with features, the Hotel includes a spacious public bar, relaxing couch areas each with its own authentic fireplace, bistro, dining, large function and/or conference room facilities, lounge, beer garden with vergola-style protection from the weather, footpath trade (STCA) plus ample parking for patrons.
With multiple income streams across food, beverage and accommodation, "The Northo" has the capacity to be a venue of choice far beyond the realms of the traditional Australian pub.
* Turnover in excess of $1.74M across 2020/2021
* Buyers Yield of approx. 43.5%
* Outstanding Lease terms with rent at 4.9% of turnover
* Multiple income streams
* Beautiful modern hospitality venue
* 2 stunning authentic fireplaces
* Large function/conference room
* Garden courtyard with vergola-style protection from the weather
* 4 bedroom, 3 bathroom family residence
* 4 motel accommodation units
* Bustling regional city with very limited competition
* Strong revenue growth and profits
Demonstrating year on year growth in revenue and profitability, this is a genuine offering to market showing excellent returns on investment.
Contact Ian McDonald for more information on this outstanding opportunity.
Freehold Going Concern - POA
UNDER CONTRACT - Freehold Sale - St. Ives Bier Hall & Function Centre, Wodonga VIC - 1P0082
SOLD - Yarrawonga Hotel, VIC - 1P0005