MITCHELL RIVER TAVERN/59 Main Street Bairnsdale VIC 3875
Hotel, Motel, Pub & Leisure
3,000 m²
For Sale, Offers to Purchase
MITCHELL RIVER TAVERN
Established hotel & entry level gaming
Combined Land area of 3,000sqm
Ability to refurbish, renovate & develop
CBRE Hotels are pleased to offer this entry level gaming venue for sale with rooms, land and upside.
Investment Highlights: - Established hotel in the same family for over 30 years, run entirely under management - 12 accommodation rooms (all with ensuites) with separate entry and undercover carparking - 16 gaming machines and entitlements, TAB and Sportsbar - Bistro in the front and large function room at rear, high capacity commercial kitchen in the middle of the hotel - Drive through bottle shop (currently branded as Bottlemart) - Includes the adjoining service station with VP and drive through coffee shop (tenanted) - Combined Land area of 3,000sqm* and zoned Commercial 1 - Hotel building area of 1,750sqm* over two levels - Multiple avenues to refurbish, renovate and develop (stca) - Revenue over $3,000,000* with ability to easily increase turnover and margins
Map for MITCHELL RIVER TAVERN/59 Main Street Bairnsdale VIC 3875
Map for MITCHELL RIVER TAVERN/59 Main Street Bairnsdale VIC 3875
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Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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