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67-73 Standish Street Myrtleford VIC 3737

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, Freehold Passive Investment - $740,000 Negotiable

PRICE NEGOTIABLE - MAKE AN OFFER - Myrtleford Hotel Motel - 1P4534H

All Offers Welcome.

Our Vendor is negotiable and ready to meet the current market.

VIC Freehold Passive Investment Hotel Motel Opportunity

The Myrtleford Hotel Motel is a terrific freehold investment property situated on a prime corner location on one of Myrtleford`s main streets en route to the stunning Mt Buffalo National Park and its associated skiing holiday resorts.

With recent refurbishments and upgrades the Hotel Motel until recently (Hotel currently closed due to Covid19) was operating 7 days a week and features a spacious public bar, lounge, bistro, large function room, beer garden, new TAB & Keno area, ample parking for patrons plus a manager`s residence.

As an added bonus there are 18 Hotel style rooms, 4 are en-suited, with a beautiful balcony overlooking the town that are still currently being let out.

* New Lease and tenant in place
* All inventory owned by the landlord
* Rent review in April 2025
* 18 accommodation rooms
* Picture postcard Alpine Valley location
* Receives strong patronage from locals and year round tourists
* Top location
* Situated on 2285.10m2 of Commercial 1 Zoned land
* Rear land ripe for development STCA (additional accommodation)

This one won't last long at this price! Excellent investment value!

Contact Ian McDonald at CRE Brokers to discuss all this property has to offer the savvy investor.

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2015184314
Floor Area1 m²
Land Area2,285 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  26 Jun 2020
Map for 67-73 Standish Street Myrtleford VIC 3737
Map for 67-73 Standish Street Myrtleford VIC 373767-73 Standish Street Myrtleford VIC 3737
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  • Purchase Price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

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CRE Brokers
U4/10 Lakewood Boulevard Carrum Downs VIC 3201

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

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Inspections are still happening

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