The Location

Toolangi is a small township located in the Yarra Valley on the edge of the Toolangi State Forest just over an hour north east of Melbourne (79 km) and less than twenty minutes from the major tourist towns of Healesville and Yarra Glen. The region is a tourist hub with many local wineries.

The Property

The land has an area of approx. 5 acres, including almost 3 acres of cleared lawn area, a bore and three large water tanks. It is located just outside the town centre in a quiet and peaceful location overlooking the beautiful state forest. The property is improved by a purpose built tavern, an owners’ residence, a newly renovated one bedroom cottage, and shedding for cars and farm vehicles.

The country style tavern was built in 2006 and has been improved over the years. The internal space presents really well with large windows overlooking the beautiful surrounding vista, appealing floor boards and reverse cycle inverter air conditioner for added comfort. The tavern consists of a 100-seat restaurant, a long bar, a cosy sitting area with open fire, male and female amenities and ample onsite parking. There is a large well equipped commercial kitchen with stainless steel appliances including under bench fridges, upright double fridges and extensive cooking equipment and preparation areas including a walk-in cool room.

The comfortable homestead is a 3 bedroom plus study weatherboard home with a good sized kitchen/dining area, a lounge and a bathroom. The house is needing some renovation but it has a wood heater and reverse cycle air conditioner for added comfort.

The cottage is a newly renovated one bedroom studio with a large bathroom and open kitchen and living area.

The Business

The business has been successfully operating in its current model as a tavern with a self-contained guest accommodation for almost 8 years. It caters for locals and for visitors to the region. The business has a very good reputation with excellent reviews. Its current annual gross income is approx. $750k. The Tavern offers lunch and dinner and the business is run by the current owners with three additional staff members.

The Offer

This is an opportunity to acquire a lovely rural property and business located a short 75 minute drive from Melbourne CBD in a charming location with the added benefit of a second income or extended accommodation for family and friends. The property is priced to sell and Toolangi Tavern is offered ‘as is’ with its plant and equipment (plus SAV) to allow the continuation of the business without interruptions. Please contact us to arrange an inspection.

INSPECTIONS ARE STRICTLY BY APPOINTMENT

For sale in conjunction with HP Brokers