House for sale
3340 Warburton Highway,
40 15 25
$2,300,000 to $2,500,000
Freehold Hotel with profitable businessLife time opportunity to own and operate a 40rooms hotel with multiple incomes from TAB, Liquor bar, restaurant, function party and wedding reception. Hotel is situated in one of the most sought after holiday destinations in Victoria State, surrounded by mountains and virtually on the banks of the picturesque Yarra river, vibrant mountain village lined with cafes and boutique shops, the Alpine Retreat Hotel also provides you with the perfect base to explore the region - world class wineries, river walking tracks, bush walks, sensational bike trails, spectacular golfing, scenic country drives and inspiring views
The iconic Hotel is on block of approximately 4470 square meters land at Warburton Highway frontage with a potential subdivision of part land for further opportunity,
1. Multiple income streams from TAB, Liquor Bar, restaurants, wedding and private function, Hotel accommodations etc.
2. Annual revenue over $1m
3. 40 Rooms with varieties of configurations: Single, double, Queen Rooms, Twin Sharing Rooms and Family Rooms.
4. Guest Lounge,
5. Dining Room.
6. Function or Conference Centre.
7. Games Room.
8. Tennis Court (car parks now).
9. BBQ AREAS.
10. A separated house with own frontage - potential development opportunity.
11. Much more .
Its only 92 KM from Melbourne - an hour and half drive from Melbourne. A lifestyle change hotel, and also money making business, Property, business, furniture, fixture & fittings and everything (except liquors stock)
Interested party can organise a visit to the APINE Hotel with a few days of advance notice.
PHOTO ID REQUIRED AT ALL INSPECTIONS
PLEASE NOTE: Open for Inspection Times and Property Availability is subject to change or cancellation without notice.
Last updated: 03:05PM on Sep 12th 2017