Stanhope, VIC – Freehold & Business | $1,495,000 + Stock at Value
A substantial regional freehold with serious upside. PRO Business Brokers presents The Wallenjoe Hotel, a landmark hospitality asset set on 3610 sqm of Township‑zoned land along the busy Midland Highway in Stanhope — ideally positioned between Shepparton and Bendigo making it a natural stop‑over for locals, travellers, and transport routes.
With strong existing trade, multiple potential income streams, and major untapped potential, this property suits operators, developers, and investors seeking a large‑scale regional venue with flexibility and room to grow.
Main Features
• Outstanding Highway Exposure
Prime Midland Hwy frontage with constant passing traffic and a large on‑site parking area.
• 3610 sqm (Township Zoned)
A generous landholding with scope for outdoor dining, beer garden expansion, events, or future development (STCA).
• Strong Bar & Bistro Trade
Trading 5 days per week (potential to open 7 days optional) and generating approximately $20,000 inc gst, per week on average.
• Front Café Setup
A dedicated café area ideal for morning trade, coffee sales, or a standalone café brand.
• 400+ Patron Capacity
A substantial venue footprint suited to functions, events, entertainment, and high‑volume service.
• Large Beer Garden & Outdoor Decking Alfresco
Perfect for a beer garden, live entertainment, and alfresco pizza — a high‑margin outdoor dining opportunity.
• Substantial Hotel Infrastructure
Large bar, spacious dining and function areas, and a layout built for capacity.
• Quality Commercial Kitchen
A well‑equipped, high‑spec kitchen ready for a strong food‑led operation.
• Accommodation Potential
6 to 7 on‑site motel rooms requiring renovation, offering strong upside once upgraded.
• Significant Solar System
A substantial solar installation reducing operating costs and improving long‑term efficiency.
• Late Licence
Licensed until 11:00 PM for extended evening trade and entertainment.
The Opportunity
A rare chance to secure both the business and the freehold a combined offering with scale, strong existing trade, and enormous future potential.
Whether your vision is a destination bistro‑pub, a revitalised motel‑hotel, a café‑led hospitality hub, or a multi‑use regional venue, the foundations are already in place.
Renovate, rebrand, and capitalise — the growth potential is significant.
For Enquiries
Call Vince Nigro
PRO Business Brokers on [Phone Number Censored]
Business and Freehold Property $1,495,000 + Stock at Value
This business and property is listed exclusively with PRO Business Brokers
If you are considering selling your business, contact Vince Nigro on [Phone Number Censored] for a confidential and no-obligation conversation.
Disclaimer: The information in this advertisement is what has been disclosed to PRO Business Brokers by the vendor. PRO Business Brokers cannot guarantee and are not liable for the information provided by the vendor. PRO Business Brokers strongly advise that any prospective purchaser do their due diligence to verify the sales and financial performance of this business along with consulting with their professional advisors prior to committing to any purchase of business.
Property Code: 304
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