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20 Wallace Street
Meredith VIC 3333
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20 Wallace Street Meredith VIC 3333

  • Hotel, Motel, Pub & Leisure
  • 450 m²
  • For Sale, $1,225,000 (GST na)

PRIME COMMERCIAL FREEHOLD OPPORTUNITY

    * Prime corner highway location
    * Eat-in or takeaway service
    * Ample on and offsite parking
    * Support from local sports club
    * 3 split systems plus open fire
    * Capacity for 400-500 guests in outdoor beer garden
    * Undercover stage for live music
    * Exceptionally clean and well-presented
    * Outdoor bar area
    * Main dining for 50-60 people
    * Bar, TAB area, and pool table
    * 64-panel solar system
    * Fully equipped kitchen with freezer and cool room
    * 4-bedroom, 3-bathroom residence with private courtyard
    * Longstanding ownership (11 years)

    Discover an unparalleled commercial investment opportunity with this landmark establishment in the heart of Meredith.
    The well-known venue offers a unique blend of modern amenities, rich history, and a prime location, making it a standout property for savvy investors.
    Situated at the best position in town, The Royal Hotel Meredith enjoys high visibility and easy access, ensuring a steady stream of patrons from both locals and travellers.

    The hotel provides both eat-in and takeaway services, demonstrating resilience and adaptability during Covid times, ensuring continuous revenue streams.
    The outdoor beer garden can accommodate 400-500 guests and features an undercover stage for live music, making it a popular venue for events and gatherings. The main dining area comfortably seats 50-60 people, creating an intimate yet vibrant dining experience.

    With plenty of on and offsite parking available, patrons can easily access the venue, enhancing its appeal and convenience.
    The property is equipped with 3 split systems and an open fire, ensuring comfort throughout the year. The exceptionally clean and well-presented spaces include an outdoor bar area, a bar, TAB area, and a pool table, offering diverse entertainment options.

    The 64-panel solar system significantly reduces energy costs, adding to the property's sustainability and appeal.

    The well-sized kitchen includes an inside freezer and a second cool room for the bar, ensuring efficient operations. The sale includes the cool room and beer system, making it a turnkey opportunity.

    Also on the premises is a spacious 4-bedroom, 3-bathroom residence with a private courtyard, open kitchen, and living area. The office seamlessly links with the bar and house, providing convenience and privacy for the owners.
    The Royal Hotel Meredith enjoys strong support from the local sports club, fostering a loyal customer base and community presence.
    With the current owners having successfully operated the hotel for 11 years, the property boasts a well-established reputation and a history of profitability.
    Contact agent Chris Garlick.

    Priority1 Property
    Priority1 Property
    58-60 Mitchell St
    Bendigo, VIC 3550

    Property Highlights

    Floor Area450 m²
    Land Area2,043 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019426997
    Category
    Last updated  13 Dec 2024
    Map for 20 Wallace Street Meredith VIC 3333
    Priority1 Property
    Priority1 Property
    58-60 Mitchell St
    Bendigo, VIC 3550

    Property Highlights

    Floor Area450 m²
    Land Area2,043 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2019426997
    Category
    Last updated  13 Dec 2024

    Listed by

    More about 20 Wallace Street Meredith VIC 3333

    20 Wallace Street Meredith VIC 3333 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 450 m² and a land area of 2,043 m². The listing ID for this property is 2019426997.

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