The Historic Mundulla Hotel is being offered for Sale with a five year lease in place along with 4 x 5 year rights of renewal, the incoming purchaser could also purchase the additional accommodation at 42 Wirrega Road (opposite the hotel) to compliment the Hotel with additional income from the 4 rental properties.
On offer is the Award Winning Hotel located on an approximately 2013m2 corner allotment with the freehold being offered for $600,000.
The Mundulla Hotel is a piece of local History having been a notable land mark since 1884, and during its life has not only been a Hotel but was once a home and also was used as a Bakery, Girl Guide Hall, Art Gallery and Restaurant and in recent years has remained as a Hotel licenced for 200 patrons.
Offering top class meals with many items on the menu sourced locally and within the Limestone Coast region along with local region wine the Hotel brings a Country Feel with a Local Flavour.
If you are looking to add to the Hotel then the accommodation opposite is on offer. The property at 42 Wirrega Road includes a 3 bedroom country cottage along with 3 fully contained units for short stays. Ideal for Bed and Breakfast or even to live in the home and rent out the 3 units, the opportunity is there to increase revenue and customers with the perfectly located accommodation. This is available for $580,000.
Call us for further information and to arrange an inspection.
RLA153432
