FREEHOLD - Golden Leaf Motel, Myrtleford VIC - 1P0584
186-188 Myrtle Street, Myrtleford, VIC, VIC

Description
MHB is delighted to present the freehold going concern sale of the Golden Leaf Motel, Myrtleford. Key Features: * An exceptional opportunity to secure a well-established 27-room freehold motel in a prime location on the iconic Great Alpine Road - the gateway to Bright and Victoria's renowned snowfields. * Offered to the market for the first time in 18 years, the Golden Leaf Motel occupies a commanding central position with limited direct competition, making it a standout investment in a high-demand tourism corridor. * All guest rooms are conveniently positioned on a single level, with internal corridors providing easy access to reception and the restaurant. Complementing the business is a spacious four-bedroom family residence located above the restaurant - ideal for onsite owners or management. * The property features a large restaurant with a fully equipped commercial kitchen and walk-in cool room. While currently only utilised for larger group bookings on request, this space presents a significant opportunity to expand food and beverage offerings and increase revenue. * Positioned in a standout, high-visibility location with strong drive-by traffic, the motel continues to benefit from consistent exposure to passing tourists and travellers. * Situated upon approx. 2,922m2 of (GRZ1) General Residential Zoned land. Inspections strictly by appointment only. For more information or to arrange an inspection, contact Angela Jacobsen on ---------- or Dan McDonald on ---------- .
Financials
- Asking price
- $4,650,000
- Net profit
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- Revenue
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- Profit multiple
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- Revenue multiple
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Agent
Dan McDonald
