Devenish Railway Hotel

Devenish Railway Hotel — Hospitality & Tourism · Devenish, VIC · Asking $550,000

Freehold going concern country pub established in 1884. Located on the Silo art trail, surrounded by farms. Current owner operators have worked the hotel over 20 years. Restored with timber bar, fresh paint and exposed brick. Takeaway coffee and scones nook plus a 40-seat dining area. Two open fires, wood heater, split system and evaporative cooling. Accommodation development opportunity in rear…

DealProspect/Listings/Hospitality & Tourism

Devenish Railway Hotel

Hotel

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$550,000

Disclosed · AUD

Revenue

—

Earnings

—

Implied multiple

n/a

Price includes the property

Brief

Freehold going concern country pub established in 1884.
Located on the Silo art trail, surrounded by farms.
Current owner operators have worked the hotel over 20 years.
Restored with timber bar, fresh paint and exposed brick.
Takeaway coffee and scones nook plus a 40-seat dining area.
Two open fires, wood heater, split system and evaporative cooling.
Accommodation development opportunity in rear rooms and yard.
Set on approx. 2,522m2 of Township Zoned land.

Hotels in Victoria

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Listed

+5 in 30 days

Median asking

$480K

29 priced

Median revenue

$1.3M

6 disclose

Earnings multiple

2.9×

38 listings

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Asking price spread29 of 33 state a price

This listing · $550K

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31%

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Under $100KOver $5M

Australia 87 · New South Wales 20 · South Australia 10 · Queensland 8

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