The Savoia Hotel – Same Family Ownership for 75 Years

69 Main Road, HEPBURN SPRINGS VIC 3461

249 3147.0 squareMeter
Sold

ONLINE AUCTION VIA ZOOM THIS SUNDAY @ 2.30pm
TO PARTICIPATE AND RECEIVE A LINK TO THE AUCTION PLEASE USE THE BUYER ENQUIRY FORM.

COVID PROTOCOL UPDATE

Only 1 prospective buyer is allowed in a dwelling at a time,
Prospective buyers will need to scan a QR code before entering.
We ask that you please:

Use the sanitizer provided

Refrain from touching furniture, fixtures, fittings and any surfaces

Respect social distancing, keeping at least 1.5 metres from other people

Thank you for your understanding

Formerly the Spring Creek Hotel, there has been a hotel operating on this corner site for 140 years serving thirsty locals and tourists.

Located in one of regional Victoria’s most revered day trip and getaway destinations, The Savoia Hotel is the only hotel in Hepburn Springs, a town in the Daylesford region around 120 kilometres north-west of Melbourne, in the centre of the largest concentration of mineral springs in Australia – home to the acclaimed Hepburn Bathhouse & Spa, 5-star resorts and boutique accommodation.

Beyond the 1930s façade and spacious public bar, there is a billiards room, commercial kitchen and restaurant, large function room, veranda alfresco area and beer garden, under a 1am licence. It also holds the only bottleshop in town.

Located on the Daylesford/Hepburn Springs Golden Mile
Only hotel in Hepburn/Hepburn Springs – wide catchment area.
Prime Main Road frontage of 50 metres approx..
Broad corner allotment of 3,147 sqm over 2 titles; the hotel buildings are on 2,354sqm, with a vacant lot at the rear of 793sqm offering potential to develop.
Two separate, self contained manager/ staff residences
Modernized, commercial kitchen with coolroom
Large function/reception room seats 100 patrons approx.
Spacious public bar
Bar lounge area with 2 open fire places seats 80 patrons approx.
Outdoor beer garden and alfresco areas
Zoning: General Residential 1
Sold with vacant possession

The vendor is retiring after 28 years as owner/ operator and the current trading figures are therefore conservative. The property presents enormous upside for further improvement and expansion maybe as a gourmet country pub, a micro brewery, authentic boutique accommodation – there are a myriad of options in this robust local economy with this renowned and iconic building.

** We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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