Accommodation & Tourism business for sale in Tongala
- Accommodation & Tourism
- 70 Mangan Street Tongala VIC 3621
- Leasehold $150,000
Tongala Hotel Motel - 1P3835H
VIC Hotel Motel For Sale
Priced to sell. Motivated Vendors!
Charming and historic Hotel, established in 1887 with the original weatherboard Hotel replaced with brick in 1913. The Hotel is the hub of the local community and has been used as a meeting place since the late 1890's.
Located prominently on a large corner allotment on approx. 2,884m2 of land.
Featuring a public bar, TAB, bistro with takeaway meals and pizza`s, central kitchen, drive thru bottle shop, 9 separate Motel units and a large 4 bedroom manager's residence.
The current owners have established a strong business, with great reviews for food and service from the clientele.
* Excellent corner location
* Well patronised by locals within the community
* Located in a prosperous agricultural region
* Only Hotel in town
* TAB facilities
* Strong turnover with good trade
* Excellent 64% Buyers Yield
* Good Lease terms
* Multiple income streams
This is a fantastic opportunity to grow this business further within a strong community.
Contact Ian McDonald at CRE Brokers to arrange an inspection today.
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|Last updated||18 Feb 2019|