Sold business 3457474
Business NO.:
3457474
Status:
Active
Price:
FOR LEASE
Updated on:
23/01/2026

Plantagenet Hotel

Bars/Nightclubs | Business for Sale | Mount Barker

Hotel/Motel/Bottle-shop
For Lease – long term lease & security of tenure
Immediate possession (subject to the approval of the transfer of licence).

Summary
The Plantagenet Hotel represents a rare opportunity to secure a landmark regional hospitality asset in the heart of Mount Barker, a key service centre within Western Australia's Great Southern region. Prominently situated adjacent to Albany Highway, the hotel benefits from high visibility, strong passing traffic and an established role as the town's primary hospitality venue.
The asset is underpinned by a structurally diverse demand base that includes local residents, regional business and government visitation, contractors, drive-through travellers and wine and nature-based tourism. This breadth of demand provides income resilience and reduces reliance on any single trade driver, supporting consistent trading performance across economic cycles.

A clear and executable value-add strategy exists through the refurbishment and repositioning of both the food and beverage and accommodation components. Importantly, the upside is operational rather than speculative. Targeted capital investment focused on presentation, amenity and branding has the potential to materially enhance patronage, dwell time, occupancy and achievable room rates without the need for redevelopment or planning risk. The food and beverage offering provides immediate opportunity to re-establish the hotel as a contemporary regional bar and bistro, showcasing local produce, regional wines and craft beverages. This repositioning is expected to drive higher average spend and strengthen the hotel's status as a destination venue within the community.

The accommodation component is under-leveraged relative to its location and catchment. Refurbishment directed toward bathrooms, furnishings and finishes would enable repositioning toward higher-yield tourism, corporate, contractor and event-related demand, delivering margin-led growth and improved RevPAR.
The availability of long-term tenure of an initial lease term of 12 years provides incoming operators with the confidence to invest in refurbishment and brand development, allowing capital expenditure to be amortised over an appropriate time horizon and supporting a sustainable long-term operating model.
Overall, the Plantagenet Hotel offers scale, presence and genuine upside, making it particularly attractive to experienced hoteliers and hospitality groups seeking to establish or expand a high-quality regional platform with long-term growth potential.

Key investment highlights
1. Landmark regional hotel in the centre of Mount Barker adjacent to Albany Highway
2. Core hospitality asset servicing the Great Southern region
3. Diverse and resilient demand base across locals, tourism, business and contractors
4. Clear operational value-add without redevelopment or planning risk
5. Food & beverage repositioning upside through modern bar and bistro concept
6. Underperforming accommodation with scope for margin-led growth
7. Modest, targeted capex capable of materially lifting earnings
8. Limited local competition enhances refurbishment impact
9. Long-term tenure supports capital investment and brand development
10.Attractive and affordable entry point for experienced operators seeking scalable regional growth
11. Ideally suited for pub-brewery-bistro-bottleshop

Lease Summary
1. Lease term – 12 years
2. Option – 10 years
3. Commencing Net Rental – $160,000 per annum + GST
4. Outgoings (budget 2025-26) – $73,000 per annum + GST

Expressions of Interest are invited from experienced hotel operators and hospitality groups seeking a landmark regional asset with scale, presence and genuine upside.
For further details and a copy of the information memorandum please contact Phil Zoiti

For more details, please email broker or call agents.


Suite 4/1292 Hay Street, West Perth, WA 6005