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Thoona Hotel

Thoona Hotel

Freehold Going Concern $625,000

Thoona Hotel VIC - 1P0122


Dan McDonald


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Thoona Hotel

Freehold Going Concern $625,000


Refurbished Freehold Hotel & Large Land Parcel.

A terrific opportunity presents itself to enter the competitive freehold market and secure this entry level hotel set within the farming village of Thoona, VIC.

The only hotel in town, this charismatic venue is the heart of the local community and features a public bar, bistro, dining room, updated commercial kitchen, newly renovated beer garden, perfect for weddings and functions, plenty of parking space for patrons plus the added bonus of a spacious three bedroom family residence.

Over recent years the Thoona hotel has undergone significant refurbishment with approximately $120K invested into upgraded plant and equipment, new ovens and gas deep fryer in the kitchen, new fridges in the bar, a brand new compressor, full beer garden renovation, all new electrical work, two new split-system air conditioners, cabinet work in the servery, new hallway shelving, and a fresh coat of paint throughout.

Located between the regional cities of Benalla, Wangaratta and Yarrawonga, the Thoona Hotel is ideally positioned upon a significant land holding of approx. 5537m2 (1.7 acres) of Township Zoned land, currently also utilised for RV overnight stays, with scope to expand and develop this income stream while offering a genuine country tree change in north-eastern Victoria.

Key Features:

* Rural hotel situated on approx. 1.7 acres of land
* $120,000 invested into the hotel over the last 2 years
* Significant upgrades & refurbishment
* Quality plant and equipment
* Public bar, bistro & dining room
* Updated commercial kitchen
* Newly renovated beer garden
* Spacious 3 x bedroom family residence
* Ample parking for patrons
* Currently underperforming across limited trading hours

A perfect opportunity to combine both lifestyle and business, the Thoona Hotel is the heartbeat of this rural village setting and there is much potential here for the enthusiastic owner operator to improve and expand upon.

Contact Dan McDonald at MHB to arrange your inspection.

Agent Details

Dan McDonald | 0437838368

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