Located in the heart of Bendigo’s Business and entertainment precinct, this landmark freehold is one of the districts premier entertainment venues. Constructed circa 1860, the hotel has undergone several refurbishments over the years to have it in its current magnificent condition, with beautiful timber features and sensational stained glass windows as highlights.

Built over 2 levels, it is one of Bendigo’s best known and loved multi function venues. Upstairs are two function rooms, perfect for private parties with its own bar and access to the wide wrap around balcony giving guests an eagle eye view of the city and the historic Town Hall. On the ground floor there are several separate areas. There is the large dining area, delightful timber bar as well as a second spacious lounge, perfect just to sit and enjoy a drink in comfort or indulge in a wonderful meal. Completing this wonderful package is the lovely outdoor al-fresco courtyard area, with a covered patio, separate bar and plenty of space to enjoy a meal, drink or a chat with friends.

The lease terms on offer for this Blue Chip investment property are extremely generous, making it an extraordinary investment for the astute purchasers. The current lease commenced on 23/12/06 and expires on 30/6/2015 with annual increases of 3% per annum. The beauty of this lease is the 4 extra terms each of 5 years, potentially taking the lease right through till 2035, making this an excellent long term blue chip investment opportunity with a sensational return.

(Please note: Freehold only for sale, not the business)