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237 Great Alpine Road Harrietville VIC 3741

  • Hotel, Motel, Pub & Leisure
  • 3,314 m²
  • For Lease, $150,000 per annum

Iconic High Country Freehold Hotel Motel For Sale

    To enquire, please email or call 1300 815 051 and enter code 1686

    First time to the market in 13 years!

    The Harrietville Snowline Hotel Motel is an iconic destination for locals, sporting and leisure tourists alike at the foot of Mount Hotham and the valley stretch end of the Great Alpine Road.

    A truly dynamic venue, the Hotel Motel has evolved into a seamless hospitality business run under management with diverse revenue streams across food, beverage, accommodation, events, community, tourism, group bookings and live music in arguably Victoria`s most picturesque settings.

    With an ideally placed 16 Motel rooms the Hotel Motel is the perfect catchment for Feathertop and Mount Hotham snow traffic as well as bike riders, walkers, hikers, winery visitors and Great Alpine Road travellers.

    The Harrietville Snowline Hotel Motel has a food and wine reputation all of its own and has undergone significant refurbishment of plant and equipment as well as key investment toward service and management automation.

    Development opportunities exist across older style Hotel accommodation (6 pub style rooms) which could be upgraded to more accommodation, staff quarters, brewery, ski hire and provedore plus a vacant floor space oozing potential to create another revenue stream. The canvas is there to work with!

    * Very profitable with 18% (approx.) ROI
    * Strong and consistent performer across diverse revenue streams
    * Fantastic location in tourism stronghold
    * Community spirited with very strong local support and advocacy
    * Streamlined business suitable for management and/or an owner operator
    * Situated on 3,314.70m2 of Township Zoned land

    A must to consider for a savvy hospitality professional and a genuine offering to market for sale!

    Current preference is to sell as Freehold Going Concern but would consider selling Leasehold business to experienced quality operators only. Leasehold Business asking is $500k with market rent on a new 20 year lease of $140k plus gst.

    To enquire, please email or call 1300 815 051 and enter code 1686

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    Property Highlights

    Property ID14825884
    Floor AreaAsk Agent
    Land Area3,314 m²
    ParkingAsk Agent
    Building TypeWhole building
    Virtual TourView Tour
    Category
    Last updated  16 Mar 2021
    Map for 237 Great Alpine Road Harrietville VIC 3741
    Map for 237 Great Alpine Road Harrietville VIC 3741237 Great Alpine Road Harrietville VIC 3741
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    Property Highlights

    Property ID14825884
    Floor AreaAsk Agent
    Land Area3,314 m²
    ParkingAsk Agent
    Building TypeWhole building
    Virtual TourView Tour
    Category
    Last updated  16 Mar 2021
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