JLL Hotels & Hospitality Group have the pleasure of exclusively presenting to market the Freehold Going Concern interest of the Paradise Valley Hotel.
Set on a landmark, 9,949sqm site overlooking the rolling hills of the Dandenong Ranges, the venue provides a recently refurbished local community favourite, providing purchasers the added flexibility to own an operate or invest and re-lease.
Investment highlights include:
- Located within Victoria's popular Dandenong Ranges and Yarra Valley region, attracting over 5.6m visitors annually, within just an hour's drive of Melbourne's CBD
- High-volume trading business, with multiple revenue streams including food, beverage & retail. Trading areas include public bar with TAB & lounge, 150 seat bistro with open fireplace and decked dining area with magnificent views over the valley. Expansive outdoor dining and events areas within the manicured gardens, plenty of on-site parking
- Generous licensed patron capacity of 1,141
- Recently refurbished throughout with major upgrades to plant and equipment
- Tangible upside to existing business via achievable expansion of existing trading area, encouraging additional revenue generation via introduction of weddings and events trade
- Expansive landholding of approx. 9,949sqm overlooking main tourist thoroughfare, with 224m of total street frontage
- Victoria's famous' Puffing Billy' train line running directly behind hotel gardens, offering patrons front row views to the iconic local tourist attraction
Exceptional opportunity to take the reins of a much loved community hotel, with further upside still to be achieved.
The Freehold Going Concern Interest in the Paradise Valley Hotel is for sale via 'Expressions of Interest, closing 4pm Wednesday 13th August AEST
For further information on this opportunity, please contact the exclusive selling agents.