Werribee’s renovated Bridge Hotel for sale as Watton St building slated as set-and-forget investment

Those dreaming of owning their own pub could snap-up a freshly renovated and refurbished hotel in the heart of Melbourne’s western suburbs.

The Bridge Hotel at Watton St, Werribee is for sale after a significant renovation and refurbishment. Picture: Commercial Real Estate

Those dreaming of owning their own pub could snap-up a freshly renovated hotel in the heart of Melbourne’s west.

Werribee’s Bridge Hotel is up for sale and has been spruiked as the perfect “trophy investment” for a prospective buyer with established publicans already occupying the stunning building.

Set in the booming Wyndham region, where the population is expected to surpass 500,000 by 2041, the Watton St property situated in Werribee’s ‘West End’ precinct is the set to be the perfect “blue chip” investment.

The Bridge Hotel at Watton St, Werribee has been advertised as the perfect ‘set-and-forget’ investment.

The pub is open seven days a week serving favourites such as tap beers, cocktails and an extensive wine list.

It has a private function and event spaces, live music, beer gardens and a restaurant fit for 500 patrons.

The liquor licence allows the venue to serve drinks until 3am on Fridays and Saturdays.

The freshly renovated hotel could be yours with expressions of interest closing next month.
Picture: Commercial Real Estate

The venue recently underwent a significant renovation and refurbishment to restore the art deco building and would be a gorgeous hotel for any budding pub owner.

Prospective buyers of the 197-199 Watton St building have until Thursday March 14 (2pm) to submit an expression of interest.

It has been advertised as a set-and-forget investment with tenant responsible for all applicable outgoings including land tax.

The Bridge Hotel has a liquor license until 3am on Fridays and Saturdays and can cater to 500 patrons. Picture: Commercial Real Estate

The Bridge Hotel is available with a 20-year lease to the MoL Pub Group, with option to extend to 2060.

According to the Commercial Real Estate website, the investment includes fixed 4 per cent annual increases with market reviews on the 10th anniversary of the initial term and further term.

Prospective buyers can visit the advertisement for more details.