428-440 High Street Learmonth VIC 3352

This impressive single storey historical hotel is a great opportunity for any purchaser, only 15 minutes from Ballarat and the only hotel in town servicing a very large catchment area.

The Stag Hotel features a public bar with beer garden under beautiful shady trees, a bistro area with seating for 65, a separate lounge and an over the bar bottle shop, all set on over 3000 m2 of land.

The hotel also offers 6 rooms of renovated accommodation with impressive bathroom plus a well appointed private residence.

Secure tenant in place with 15 years remaining on the lease, with a rent of $50,244, the hotel is for sale with an impressive return of approx 8.8%.

The Stag Hotel has had extensive renovations over the last few years, leaving nothing to spend for an incoming investor.

This one ticks all the boxes. Book your inspection now, as this won't last long.