Set across 3.04 hectares within Beechworth’s historic Mayday Hills Estate, The Grand Oaks Resort presents a rare freehold going concern opportunity combining established accommodation, hospitality and event facilities in Victoria’s High Country.
The 21-room resort trades at approximately 70% occupancy with a $140 average daily rate. Recent capital improvements include a full kitchen refurbishment, guest room upgrades and the addition of a 21st room, providing a well-established platform for continued operations.
The property features a full-service restaurant and bar, function facilities for up to 350 guests, a swimming pool, tennis court and a heritage chapel, offering multiple revenue streams and the opportunity to reactivate the wedding and events operation.
Further growth is supported by provision for up to 13 additional rooms, including completed architectural plans for five superior rooms within the existing building footprint. Additional upside exists through targeted room rate growth and renewed event bookings.
Positioned in one of Victoria’s premier heritage tourism destinations, with access to the High Country, Rutherglen wine region and alpine snowfields, The Grand Oaks Resort offers an established freehold asset with operational control and identifiable growth opportunities.
Contact Resort Brokers today to arrange a confidential inspection.
Interested? Why not give Annalise Grinter a call on 0408 000 556 or annalise@resortbrokers.com.au
