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Railway Hotel, 84 Godfrey Street Boort, VIC 3537

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Railway Hotel, 84 Godfrey Street,
Boort, VIC 3537

Hotel, Motel & Leisure

Price information

Sale

Investment - Price on Application

Key property information

Land area

Floor area

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Map of Railway Hotel, 84 Godfrey Street

Directions
  • Bus stops within 5 km of Railway Hotel, 84 Godfrey Street, Boort, VIC 3537Distance
    Information Centre/Godfrey St (Boort)361 m
    Boort Medical Practice/Coutts St (Boort)806 m
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Railway Hotel - 1P5938

This remarkable freehold investment opportunity is situated in the charming town of Boort, VIC, and holds a significant place in the town's historical narrative, having been established in 1914.

Positioned on a large 840m2 Township Zoned allotment this expansive two storey hotel exudes character and is prominently located on a corner block in the centre of town. Preserving its timeless appeal, the hotel boasts exquisite stained glass windows, ornate pressed steel ceilings, and a range of impressive amenities.

The hotel features, spacious public bar, a delightful bistro, a cozy lounge area, a charming beer garden, and a versatile function room. Moreover, the hotel offers eight (8) accommodation rooms and a comfortable 2-bedroom manager's residence. There is a double bay shed also on site, with concrete floor and power offering great storage.

These facilities offer the current business owner a range of options for increasing their revenue streams.

The current tenant has been operating the hotel for 3 years. New Lease commenced in 2023 providing investors with a secure 30 year lease (6 x 5 year terms) and with a rental of $49,400 annually.

The Railway Hotel Boort presents a compelling business prospect for investors looking for a freehold passive investment opportunity in the picturesque town of Boort, VIC.

Additional information

Property ID: 504510396Last Updated: 28 Apr 2024

04383710...
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Railway Hotel, 84 Godfrey Street
Boort, VIC 3537
CRE Brokers - Australia
Unit 4, 10 Lakewood Boulevard
CARRUM DOWNS, VIC 3201
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