67HL - 136 % Return on Hotel Leasehold Business

SOLD

1,228 m2

Great central location
Busy regional city
Plenty of upside for the serious operator
Operating without gaming
Two busy dining areas
Busy bar trade
30 rooms for overnight accommodation
3am Late licence
Priced to sell, reasonable rent
Current operators moving on
136 % Return on investment 2016/17

This business is for the motivated operator, plenty of room for improvement. Horsham is the largest city in the Wimmera wheat growing and sheep grazing district in western Victoria. It is located between Stawell and Dimboola, on the main highway linking Melbourne and Adelaide.

Horsham is a handy base to explore the region's nearby natural attractions. The northern extremity of the Grampians National Park is located 25 kms south-east of Horsham, while the Little Desert National Park can be accessed via a number of small towns to the west and north-west. Mount Arapiles, less than 35 kms west of Horsham via Natimuk, is widely regarded as one of the top rock climbing areas in Australia and is also a great location for bushwalking and camping.

Net Profit $203,863 for 2016/17

Contact Barry Bolwell from Tourism Brokers for further information or to arrange an inspection.

Property ID: 67HL (quote when enquiring)

Price	SOLD
Location	Horsham
Property ID	67HL
Category	Hotel

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TOURISM BROKERS CLIENT CONFIDENTIALITY AGREEMENT

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