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123-125 Melbourne Street
Mulwala NSW 2647
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Sold on 31 May 2021

123-125 Melbourne Street Mulwala NSW 2647

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • Sold

SOLD - Royal Mail Hotel, Mulwala NSW - 1P0013

EXCLUSIVE TO MHB

MHB are proud to offer to the market the Passive Freehold Investment of the Royal Mail Hotel, Mulwala.

This impressive country style hotel is located in the heart of a renowned tourist hot spot with lakeside views on the edge of the beautiful Lake Mulwala on the New South Wales border across from twin township of Yarrawonga in Victoria.

The venue hosts an array of features such as a spacious public bar with strong TAB outlet, walk in bottle-shop, a spacious dining area and trendy courtyard plus popular alfresco dining, commercial kitchen and a traditional beer garden.

In addition, there are 7 clean and comfortable Motel units and a separate 2 bedroom residence.

The solid brick building is set on a large block of land and has been well maintained. Securely leased with a good tenant the hotel historically trades well with strong patronage from both locals and year round tourists.

Featuring:

* 6% (approx.) ROI
* Prominent position overlooking Lake Mulwala
* Situated in a vibrant and growing tourism region
* Strong trading with multiple income streams
* 7 Motel style accommodation units
* Well maintained building
* Securely leased
* Huge opportunity for growth
* Situated on (approx.) 2,176m2 of Business zoned land

Perfectly located in a highly sought after area and growing tourist region, there is huge potential for growth with upcoming residential development directly behind the premises.

An excellent opportunity for the savvy investor.

Contact Ian McDonald direct at MHB to make an enquiry today.

McDonald Hospitality Brokers (MHB)
McDonald Hospitality Brokers (MHB)
466 Swift Street
Albury, NSW 2640

Property Highlights

Date Sold31 May 2021
Floor Area1 m²
Land Area2,176 m²
ParkingAsk Agent
Property ID2016778006
Category
Last updated  16 Jun 2021
Map for 123-125 Melbourne Street Mulwala NSW 2647
McDonald Hospitality Brokers (MHB)
McDonald Hospitality Brokers (MHB)
466 Swift Street
Albury, NSW 2640

Property Highlights

Date Sold31 May 2021
Floor Area1 m²
Land Area2,176 m²
ParkingAsk Agent
Property ID2016778006
Category
Last updated  16 Jun 2021

Listed by

McDonald Hospitality Brokers (MHB)
Call
02 60672272

More about 123-125 Melbourne Street Mulwala NSW 2647

123-125 Melbourne Street Mulwala NSW 2647 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1 m² and a land area of 2,176 m². The listing ID for this property is 2016778006.

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