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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  
Map for 2054 Princes Highway Swan Reach VIC 3903
The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
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  

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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