This remarkable freehold investment opportunity is situated in the charming town of Boort, VIC, and holds a significant place in the town's historical narrative, having been established in 1914.
Positioned on a large 840m2 Township Zoned allotment this expansive two storey hotel exudes character and is prominently located on a corner block in the centre of town. Preserving its timeless appeal, the hotel boasts exquisite stained glass windows, ornate pressed steel ceilings, and a range of impressive amenities.
The hotel features, spacious public bar, a delightful bistro, a cozy lounge area, a charming beer garden, and a versatile function room. Moreover, the hotel offers eight (8) accommodation rooms and a comfortable 2-bedroom manager's residence. There is a double bay shed also on site, with concrete floor and power offering great storage.
These facilities offer the current business owner a range of options for increasing their revenue streams.
The current tenant has been operating the hotel for 3 years. New Lease commenced in 2023 providing investors with a secure 30 year lease (6 x 5 year terms) and with a rental of $49,400 annually.
The Railway Hotel Boort presents a compelling business prospect for investors looking for a freehold passive investment opportunity in the picturesque town of Boort, VIC.
