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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.

    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

    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

    Ian McDonald
    McDonald Hospitality Brokers (MHB)
    Call
    0408217734

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