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2054 Princes Highway
Swan Reach VIC 3903
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Sold on 5 Sep 2024

2054 Princes Highway Swan Reach VIC 3903

  • Hotel, Motel, Pub & Leisure
  • 1,050 m²
  • Sold

SWAN REACH HOTEL MOTEL -LEASEHOLD BUSINESS

  • Popular coastal area
  • Main highway location
  • Strong established trade

Popular hotel motel situated in a residential township on the Princes Highway between Bairnsdale and Lakes Entrance.

Situated on 2 acres of land with main highway frontage, this well known hotel motel, adjacent to the Tambo River is available for purchase by a new tenant.

The trade has averaged approximately $30,000 per week and it continues to improve, with a well supported food and take away trade. The experienced staff will be happy to assist a new proprietor.

The hotel improvements comprise a public bar, lounge bar and connecting dining and function rooms, commercial kitchen, merging bar service areas, usual amenities, 4 bedroom manager's flat, take away pizza shop, 16 motel units.

The lease and options allow a total term to 2042.

We consider this hotel to have further trade potential under younger management.

NOTE PRICE REDUCTION - MAY 2024: The vendor wishes to retire from the industry and has significantly reduced the price for a prompt sale. DON'T MISS THIS RARE OPPORTUNITY TO PURCHASE AT A MOST REASONABLE PRICE IN THIS POPULAR COASTAL LOCATION.

For further details and formal inspection by appointment contact Warren Young 0407 042 407

Ronald Young & Co
Ronald Young & Co
40 Ormond Rd
Eaglemont, VIC 3084

Property Highlights

Date Sold5 Sep 2024
Floor Area1,050 m²
Land Area8,075 m²
Parking40 x Onsite parkings
Building TypeWhole building
Property ID2019013855
Category
Last updated  30 Sep 2024
Map for 2054 Princes Highway Swan Reach VIC 3903
Ronald Young & Co
Ronald Young & Co
40 Ormond Rd
Eaglemont, VIC 3084

Property Highlights

Date Sold5 Sep 2024
Floor Area1,050 m²
Land Area8,075 m²
Parking40 x Onsite parkings
Building TypeWhole building
Property ID2019013855
Category
Last updated  30 Sep 2024

Listed by

Ronald Young & Co
Call
0407 04 2407

More about 2054 Princes Highway Swan Reach VIC 3903

2054 Princes Highway Swan Reach VIC 3903 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1,050 m² and a land area of 8,075 m². There are 40 x onsite parkings.The listing ID for this property is 2019013855.

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