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Iconic Hotel on the shores of Lake Mulwala 187

m - Criterion Hotel

Nestled in a premium location with uninterrupted views over the breathtaking Lake Mulwala, this hotel offers a rare hospitality investment or operational opportunity in the heart of one of Victoria's premier regional destinations.

This well-established venue combines relaxed lakeside charm with a vibrant dining atmosphere, featuring multiple service areas and versatile event spaces:

• An expansive deck area offers seating for up to 200 guests and cocktail-style capacity of 300. With a direct outlook to the lake, it's perfect for casual dining, live entertainment, and private functions.
• An enclosed space ideal for all weather conditions, comfortably accommodates 40 seated guests or up to 100 standing for cocktail events.
• Dining Room Bistro – A cozy indoor area offering seating for 20 or 30 for cocktail-style gatherings, including the option for semi-private dining – ideal for more intimate occasions.

Open 7 days a week, the venue is easily accessible with ample street parking available. The hotel represents a compelling opportunity for experienced operators or hospitality investors looking to secure a standout asset in a thriving destination. Secured by a 16 year remaining lease term.

Property Overview

Property Id:
1P6403
Under Offer:
no
Price:
Leasehold $990,000

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Daniel Ryan

Contact Our Broker

Daniel Ryan

Business Broker Victoria
0427 572 718 1300 767 802
Kevin Connolly

Contact Our Agent

Kevin Connolly

Director & Business Broker
0412 772 290 1300 767 802

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