Yarrawonga VIC 3730
$3,400,000

DESCRIPTION

Phone enquiries - please quote property ID 17607

Yarrawonga is considered to be one of Victoria's most popular tourist destinations - and Burkes Hotel Motel is right in the heart of the action, making this an excellent freehold investment.

With a turnover of over $2 million - and an ROI of around 16.5% - a smart buyer won't hesitate to inspect this well established hospitality business.

- Public bar plus air-conditioned TAB facilities + 21 TVs
- Spacious family bistro
- Open 7 days a week for lunch and dinner - plus takeaway
- Beer garden, deck and alfresco dining area
- 2 function rooms - for 120+ people
- 20 refurbished guest rooms with ensuites
- 2 bedroom manager's residence
- 250m from Lake Mulwala
- 2.5 hours from Melbourne
- 1 hour from Shepparton, Albury and Wodonga
- Well established social media network

Centrally located right next to the Town Hall and main bus stop, Burkes Hotel Motel is close to the Yarrawonga Golf Course, Lake Mulwala and local wineries.

With an outstanding reputation for great meals, good value and excellent service, this well established Hotel Motel will give you a great income and an enviable lifestyle in a top location.

Freehold Price: $3.4 Million