CBRE Hotels are pleased to announce the upcoming Expressions of Interest campaign of the Freehold and Business of the Snowline Hotel & Motel in Harrietville.
The Snowline is positioned in the tourism epicentre of Bright, Harrietville and Porepunkah where both population and visitation have increased significantly in the last two years.
Investment highlights include:
Very attractive return on investment, north of 15%
Strong & reliable mix of trade from Food & Beverage, Accommodation and Events/Functions
Central island bar servicing large dining section and front bar
Generous outdoor deck/verandah areas and beer garden
16 motel rooms with good parking on site
General licence up to 1am
Large land area and red line of 3,315sqm* (almost an acre in the heart of town)
Amazing location in one of Victoria's fastest growing year round tourism destinations
Closest off mountain accommodation to Mount Hotham in winter and only 20 mins from the growing tourism mecca of Bright, the area hosts over of 50,000 visitors in January and other peak times.
Enjoy running one of the most iconic country pubs in the High Country with plenty of scope and space to develop additional attractions ie Brewery/Café/Roastery/Ski Hire/Retail STCA
The domestic tourism sector is going from strength to strength and the Pub Market is proof of a resilient sector.
Please let us know if you would like to receive more detailed information or arrange an inspection.
We look forward to discussing this opportunity with you.