lager than life

Feel like leav­ing the farm and buy­ing a pub? Here you go …

Farms & Farm Machinery - - Property -

Nestled just two hours away from Mel­bourne and 30 min­utes north-west of Bal­larat sits the 19th-cen­tury Pyre­nees Ho­tel. The Lex­ton-based ho­tel is the first we’ve fea­tured, and what can we say… what a find!

Es­tab­lished in 1859, the Pyre­nees Ho­tel is built to last and is in ter­rific con­di­tion, sell­ing agent Josh Todd says.

“The Pyre­nees Ho­tel is lit­er­ally solid brick and is in­cred­i­bly struc­turally sound for its age,” he says.

This el­e­gant ho­tel en­joys a vast floor area of around 375sqm

(40 squares) and houses six up­per-level ac­com­mo­da­tion rooms with spa­cious lounge and two mod­ern guest bath­rooms.

The lower-level ho­tel sec­tion houses a well-ap­pointed bar, a din­ing room which seats 50, a games/pool room and a com­fort­able man­ager’s res­i­dence. A much-needed ren­o­va­tion has given the Pyre­nees a mod­ern touch, which is aes­thet­i­cally pleas­ing.

“The Pyre­nees Ho­tel has re­ceived a mod­ern ren­o­va­tion, with the main fea­ture be­ing the up­dated rooms and the im­pres­sive stain­less-steel com­mer­cial kitchen,” Todd says.

Other fea­tures of the Pyre­nees Ho­tel in­clude an out­side beer gar­den, a dou­ble-lock-up garage/work­shop and an his­toric po­lice lock-up.

Pub com­pe­ti­tion is scarce in Lex­ton, which is a ma­jor main sell­ing point of the ho­tel.

“The ho­tel gar­ners a lot of lo­cal sup­port but due to its high­way lo­ca­tion it also en­joys pass­ing trade,” Todd says. “It has an enor­mous sup­port base from the lo­cal com­mu­nity, in­clud­ing the foot­ball club.”

The cur­rent hus­band-and-wife team is look­ing to new hori­zons, ac­cord­ing to Todd.

“The cur­rent own­ers have done their time here at the

Pyre­nees, and are look­ing to scale and set­tle down into the next phase of their life,” he says.

The prop­erty is also sit­u­ated just a few kilo­me­tres from the site of the Rain­bow Ser­pent fes­ti­val, which sees more than 20,000 vis­i­tors flock to Lex­ton ev­ery Jan­uary. Due to the ho­tel’s close prox­im­ity, it goes with­out say­ing that this is a very busy and lu­cra­tive time for the Pyre­nees.

If you like this stun­ning wa­ter­ing hole that dou­bles as the gate­way to the Pyre­nees ranges and the area’s winer­ies, then you’ll need to fork out a very rea­son­able $470,000. Check out the list­ing at our sis­ter site Far­mBuy.com

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