CRE Brokers are pleased to exclusively offer for sale the Freehold Passive Investment of the Railway Hotel Boort.
This remarkable freehold investment opportunity is situated in the charming town of Boort, VIC, and holds a significant place in the town's historical narrative, having been established in 1914.
Positioned on a large 840m2 Township Zoned allotment this expansive two storey hotel exudes character and is prominently located on a corner block in the centre of town. Preserving its timeless appeal, the hotel boasts exquisite stained glass windows, ornate pressed steel ceilings, and a range of impressive amenities.
The hotel features, spacious public bar, a delightful bistro, a cozy lounge area, a charming beer garden, and a versatile function room. Moreover, the hotel offers eight (8) accommodation rooms and a comfortable 2-bedroom manager's residence. There is a double bay shed also on site, with concrete floor and power offering great storage.
These facilities offer the current business owner a range of options for increasing their revenue streams.
The current tenant has been operating the hotel for 3 years. New Lease commenced in 2023 providing investors with a secure 30 year lease (6 x 5 year terms) and with a rental of $49,400 annually.
The Railway Hotel Boort presents a compelling business prospect for investors looking for a freehold passive investment opportunity in the picturesque town of Boort, VIC.
