49 Main Road, Buchan, VIC 3885

Hotel/Leisure

For Sale $1,390,000 + SAV

  • Property ID: 328876
  • Floor Area: 1m²
  • Land Area: 17233m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fixed Wireless
  • Cafes: 8 nearby
THE BUCHAN CAVES HOTEL

With a long and rich history dating back to 1882, this business and freehold are now available for sale. The Buchan Caves Hotel is set within the picturesque township of Buchan, which is best known for its large limestone cave system, attracting large numbers of tourists every year.
After fire destroyed the original Hotel in 2014, a complete rebuild was completed in 2016.
Loved by locals and visitors alike, the new hotel features a modernised design inspired by its past heritage, helping it to retain original charm and character.
The hotel features an open plan public bar with impressive and spacious outdoor decking, a commercial kitchen and large restaurant and a 2 bedroom manager's residence on the first floor.
With a great turnover together with depreciation benefits, this exceptional business opportunity awaits the right buyer.

Buchan Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $1048 --- ---
This is the average advertised price, rent and yield for Buchan, VIC 3885*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 49 Main Road, Buchan, VIC 3885. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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