lot 1 Crossland St Muntadgin WA 6420
$399,990.00

DESCRIPTION

Phone enquiries - please quote property ID 32020.

HISTORY
Following the discovery of gold at Hollerton and the news of Muntadgin set to become a vital junction for the transcontinental railway line, the State Brewery anticipated a population boom in Muntadgin and so employed leading Perth architect and builder Mr Harold Doust to construct the two storied hotel in the centre of the town.
The Muntadgin Hotel was completed in 1931.

TODAY
Purchased most recently by Con and Dianne Di Carlo in 1999, The Munty Pub has become a well-loved social setting for both locals and seasonal workers. The Countryman awarded the Munty Pub as one of “The Top 5 Watering Holes in the Central Wheatbelt”. It continues to be a “must stop” for local and international tourists – local and international – year-round, well-known for being the home of a hearty pub meal and a cold drink, a
a welcoming and homely place to stop over.
The Munty Pub is regularly reviewed by The Director of Liquor Licensing, per work orders from the Shire of Merredin, and has maintained an exceptional standard of building and equipment hygiene. This standard is guaranteed at the sale of the business.

INVESTMENT POTENTIAL
The price of $420,000 – “walk in / walk out”. This price includes the land, building, plant & equipment (estimated value $120,000), and remaining stock. Plus Austpost agency service for Muntadgin with additional income of $21,000pa.

SUMMARY OF POTENTIAL
Financially profitable as a part-time pub with expansion potential of trading hours to full time, and the reinstatement of functions and regular live music, akin to its “former glory”.
Expansion potential for additional accommodation on site (eg, transportable to cater for a growing demand in visiting worker accommodation in the area).
Uses: Hotel / B&B / seasonal worker accommodation/function centre.
Mail service (collection of Muntadgin mail from Merredin Post Office) provides additional income of $21,000pa.

PROPERTY FEATURES
Structurally sound – no work orders from Merredin Shire
2 x double garages
2 x 190kg LPG gas cylinders
Solar panels
Fully equipped commercial kitchen
Fully equipped bar with digital POS facility
Pool table
Managers quarters
11 guest rooms
Ambulant public restrooms downstairs
The dining room seated capacity of 30
School bus next door (to suit family-in-residence)

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