Devenish Railway Hotel
Hotel
ActiveHospitality & TourismVictoriaB2C
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
Hotels for sale in Victoria (32) →Listed
32
+4 in 30 days
Median asking
$478K
28 priced
Median revenue
$1.3M
6 disclose
Earnings multiple
2.9×
38 listings
Price drops
1
in 30 days
Asking price spread28 of 32 state a price
This listing · $550K
7%
Under $100KOver $5M
Australia 86 · New South Wales 20 · South Australia 10 · Queensland 8
Cafes 438 · Takeaways 316 · Restaurants 247 · General retail businesses 72 · Supermarkets 69 · Newsagencies 67
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