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Union Hotel, 54 Kiewa East Road Tangambalanga, VIC 3691

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Union Hotel, 54 Kiewa East Road,
Tangambalanga, VIC 3691

Hotel, Motel & Leisure

Price information

Sale

Leasehold - $195,000

Key property information

Floor area

Tenure type

Private inspections

to arrange a private inspection.

Map of Union Hotel, 54 Kiewa East Road

Directions
  • Bus stops within 5 km of Union Hotel, 54 Kiewa East Road, Tangambalanga, VIC 3691Distance
    Tangambalanga General Store/Kiewa East Rd (Tangambalanga)37 m
    Kiewa East RdKiewa Valley Hwy2.2 km
    Sheathers Lane/Kiewa Valley Hwy (Kiewa)2.4 km
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Union Hotel, Tangambalanga VIC - 1P0269

EXCLUSIVE TO MHB

A Ripper VIC Country Pub!

Popular country hotel set within the charming Victorian township of Tangambalanga, known locally as Kiewa-Tangam, nestled within the picturesque surroundings of the stunning Kiewa Valley region.

Perfectly located on the main street of town, the Union Hotel is well supported by loyal locals, sporting clubs and passing visitors and tourists alike.

Offering many features including a public bar, bistro, large dining area, function space, lounge, undercover outdoor area / beer garden, plenty of off-street parking, 3 x lettable hotel style accommodation rooms plus a spacious 3 x bedroom family residence.

Situated within close proximity of Lake Hume and just a short 15 minute drive to the major regional twin cities of Albury / Wodonga and, with ongoing housing developments in the Kiewa-Tangam locale, this is an excellent business opportunity not to be missed!

Key Features:

* Excellent 63.6% (approx.) Buyers Yield
* One hotel township in booming growth corridor close to Albury/Wodonga
* Secure 13 x year lease remaining currently (1 + 1 x 6 + 1 x 6)
* Excellent refurbishment across the venue with quality plant & equipment
* Relaxing outdoor undercover beer garden
* Community village heartbeat with strong local support
* Multiple income streams across bar, food and accommodation
* 62 x Solar Panels installed significantly reducing electricity costs
* Picturesque village setting
* Strong turnover with over approx. $768K across the 2022/2023 financial year

A terrific lifestyle or tree-change opportunity for the enthusiastic hotelier awaits. This property is a must to inspect.

Contact Dan McDonald at MHB direct on 0437 838 3... to discuss and book your inspection.

Additional information

Property ID: 504321812Last Updated: 26 Feb 2024

04378383...
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Union Hotel, 54 Kiewa East Road
Tangambalanga, VIC 3691
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