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Accommodation & Tourism business for sale in Benalla

  • Accommodation & Tourism
  • 1 Nunn Street Benalla VIC 3672
  • Leasehold $635,000

North Eastern Hotel, Benalla VIC - 1P0029

EXCLUSIVE TO MHB

Rich with history, this beautifully renovated and stylishly appointed leasehold venue is the complete modern hospitality offering!

The Hotel is packed with features including 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.

Presenting:

* Excellent 60% (approx.) Buyers Yield
* 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 Dan McDonald for more information on this outstanding opportunity.

Map for 1 Nunn Street Benalla VIC 3672
Map for 1 Nunn Street Benalla VIC 36721 Nunn Street Benalla VIC 3672
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McDonald Hospitality Brokers (MHB)
466 Swift Street Albury NSW 2640
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