Internal Ref: 1P6327
Summary
This fantastic recently fully renovated regional hotel opportunity has a long secure 26 year lease with a fantastic 4% yearly rent. It is located in Heywood, which is situated within 20 minutes of ...
Location Details
Edgar Street
About the Business
This fantastic recently fully renovated regional hotel opportunity has a long secure 26 year lease with a fantastic 4% yearly rent. It is located in Heywood, which is situated within 20 minutes of the historic township of Portland on the world renowned Great Ocean Road and has the luxury of being a one pub town, with strong local support and a favourite for travellers between Mt Gambier and the Great Ocean Road.
The Hotel features a large dining room with a cozy fireplace, public bar with a TAB facility, pool table area and opens out to a large shaded beer garden with a kids play area, plus a drive thru bottle shop. Other features also include a separate 2 x bedroom unit and a rear storage shed.
The first floor consists of 20 spacious motel rooms with communal bathrooms and the owner's residence consists of 3 x bedrooms, living area, kitchenette, laundry and 2 x bathrooms.
Boasting a strong consistent turnover and with recent major renovations, this presents a great opportunity for an owner operator to take advantage of the huge growth potential, so enquire today as this opportunity won't last.
Connect with us