2170 Warburton Highway, Launching Place VIC 3139
Sold for $1,800,000
THE HISTORIC HOTEL OFFERS OPPORTUNITY IN SPADES!
Looking for your next business venture or country escape? This Yarra Valley location is second to none and offers a family friendly venue for locals and tourists alike. The Yarra River is across the road and the Warburton Rail Trail backs onto the property. This high exposure site has approximately 215 metres of frontage along the busy Warburton Hwy and parking for up to 90 vehicles. Set on 4 titles, with over 1.5 acres of land (6173sqm approx) which may be suitable for future Accommodation/Motel development (STCA). This grand building was formerly a Cobb & Co coach stop and pub in the 1860s’ and this Federation Era hotel was built in 1902. The 2 storey brick building has a current general licence and a capacity to hold up to 330 patrons.
The hotel has character features such as high ceilings and multiple fireplaces. The main bar has been set up as a sports bar with multiple TV’s and seating for approx 40 patrons. Off the main bar is a separate TAB with direct service to the bar. The airconditioned restaurant/bistro seats 140 plus patrons, has it’s own entrance and can be utilised as a separate function venue. It includes a wood fire, a gas fireplace, dance floor, fully equipped bar, informal dining area and a children’s play space. The fully equipped commercial kitchen is in immaculate working order and includes a large cool room, commercial dishwasher, cooktops and ovens.
The beer garden is located at the rear of the property and includes an undercover area with TV which can be used all year round. There is also a stage area which has been fitted with power for live music to be enjoyed on special occasions. The drive-through can be re-opened being fully equipped with fridges, cool room and storage. This space also could be an exciting opportunity to convert into a cellar door showcasing local wines, craft beer and spirits (STCA).
The new publican can live onsite with a 5 bedroom residence located upstairs. This space has a bathroom, two toilets, a large lounge room with an open fire place and access to the upstairs verandah which runs the length of the hotel. This current owner is Offering a “Walk In Walk Out” deal. This grand hotel has been extensively refurbished to a high standard with excellent and near new fixtures, fittings & equipment included in the sale. An amazing opportunity awaits to bring back an iconic local country hotel. Please call 5967 1800 for more information.
Property ID: 1195704
Contact Agents
Professionals Yarra Valley
2460 Warburton Hwy, Yarra Junction VIC 3797 | Phone 03 5967 1800