22 Rowe Street

Ouyen VIC 3490

Fantastic opportunity to acquire the only Hotel business within the rich farming region in the Mallee District in North-Western Victoria.

Plant & Equipment sale, includes $60,000 unencumbered solar panel asset.

Built in 1919, the historic Victoria Hotel is the only Hotel in town and is perfectly situated on the main thoroughfare, offering the potential buyer many features including a spacious public bar with pool table, walk in bottle shop, TAB, function room, 120 seat bistro, commercial kitchen, lounge, upstairs balcony, beer garden and ample parking.

As an added bonus there are 32 hotel style rooms upstairs, currently undergoing renovation, plus a large separate and renovated large 4 bedroom family residence.

Renowned for its excellent food within the region the Hotel is well patronised by loyal locals, workmen, sporting groups and tourists to the area.

The town's population hovers around 1,000 however, the Hotel's core patrons come from within a 60km radius of the town swelling the population to approx. 2,000.

The town geographically will never 'die' due to being on the corner of 2 main highways the Calder highway (Melbourne to Mildura and beyond e.g. NT northern SA and WA), and the Mallee highway which captures a lot more travel Sydney to SA and SA to northern parts of Vic. The Hotel is often very busy over the SA holidays as people will travel to the region for the snow season and the high country.

Key Features:

* Only Hotel in the Mallee Region situated amongst a strong business district
* Multiple income streams with a strong mix of trade
* 32 x hotel rooms ripe for further revenue development
* 9 x year lease
* New 40 KW solar system
* Renovated 4 x bedroom family/Chef`s residence
* Currently run under management - would suit a hands-on operator

A fantastic business opportunity not to be missed.

Contact Dan McDonald to arrange an inspection.