CRE Brokers is pleased to present the Railway Hotel Murchison East Passive Investment opportunity to the market.
The Railway Hotel is a charming and historic double-storey establishment that has been an enduring fixture in the Goulburn Valley region since the 1930s, affectionately known as 'The East' by locals and visitors alike.
Strategically situated along the Goulburn Valley Highway, this hotel commands prime visibility on a prominent corner block, set on an expansive 1.7 acre parcel of land with a generous floor area of approximately 260 square meters.
This investment opportunity features a long term lease secured by 24 years, (current term plus further 4 x 5 Year options), the property is priced at a fair market rent, providing a stable and secure income for the future.
The Railway hotel offers a well-lit spacious bistro, 16 seat private function room including recently renovated rustic public bar and commercial kitchen.
The expansive outdoor beer garden, equipped with a stage and a side entrance for ticketed events, provides an ideal setting for patrons to savour the live music experience. Outdoor amenities include covered dining spaces, an outdoor bar, a 'beer van,' and a 9-hole mini-golf course, ensuring a diverse range of entertainment options.
Additionally, the property features a comfortable upstairs residence, complete with a lounge, kitchenette/dining area, four spacious bedrooms boasting ample built-in storage, two bathrooms, and private laundry facilities. This arrangement allows the proprietors to seamlessly manage their business while residing on-site.
The Railway Hotel presents a distinctive freehold investment opportunity, promising a return of over 7%
Book your inspection today.