, Donald VIC

For Sale

Food/Hospitality

$315,000 Negotiable

    If you are serious about breaking into the hotel business, this is an opportunity you really cannot afford to miss. Priced well below valuation for a quick sale, chances like this don't come around that often, so act quickly.
    Mount Jeffcott Hotel was the first hotel in Donald, and is well known by locals and visitors for its great atmosphere, friendly welcome, and good food.

    Established hotel business PLUS freehold on nearly an acre
    Great location opposite mall in the centre of town
    Close to motels and caravan parks
    Price drastically reduced - below valuation
    Easy to run, 6-day-a-week business
    Only TAB within 40km
    Full commercial kitchen
    Seats up to 90 for lunch and dinner in the Bistro
    Good parking
    Separate accommodation for owners/manager

    This is the chance of a lifetime for a young couple or family keen to buy their own hotel business. And the deal just got even better!
    The business is for sale with the freehold, but the current owners would consider a lease option to approved purchsers. They are also willing to consider any sensible cash offer. Very attractive Vendor Terms are available with a $100,000 deposit.
    Already a successful business, there is huge potential to take this hotel to the next level - especially given its bargain basement price. The current owners are in their 70s and believe it's time for new blood.
    Donald is a town located in the popular Wimmera Mallee region, renowned for its natural heritage, historic buildings and charming boutiques. It also offers easy access to the Grampians National Park, Mount Arapiles, and Little Desert National Park.

    Price: $315,000 negotiable

    Phone enquiries - please quote property ID 18455

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