Hotel/Leisure for Sale, MITCHELL RIVER TAVERN, 59 Main Street, Lakes & Wilderness, 3875

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For Sale - Hotel/Leisure

MITCHELL RIVER TAVERN

Highlights

Established hotel & entry level gaming
Combined Land area of 3,000sqm
Ability to refurbish, renovate & develop

Overview

CBRE Hotels are pleased to offer this entry level gaming venue for sale with rooms, land and upside. Investment Highlights: - Established hotel in the same family for over 30 years, run entirely under management - 12 accommodation rooms (all with ensuites) with separate entry and undercover carparking - 16 gaming machines and entitlements, TAB and Sportsbar - Bistro in the front and large function room at rear, high capacity commercial kitchen in the middle of the hotel - Drive through bottle shop (currently branded as Bottlemart) - Includes the adjoining service station with VP and drive through coffee shop (tenanted) - Combined Land area of 3,000sqm* and zoned Commercial 1 - Hotel building area of 1,750sqm* over two levels - Multiple avenues to refurbish, renovate and develop (stca) - Revenue over $3,000,000* with ability to easily increase turnover and margins

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