1 Bank Street

Exceptional Accommodation, Restaurant & Function Centre Opportunity

1-3 Bank Street, Avenel represents a rare opportunity to acquire a substantial regional hospitality and accommodation asset with proven versatility and strong future upside. Strategically positioned within the Avenel township, this large-scale holding is ideally suited to investors seeking exposure to the growing short-stay accommodation, events, and wedding market in regional Victoria.
The property comprises 11 self-contained guest rooms, each with a private ensuite, enabling efficient operation across multiple revenue streams including group accommodation, weddings, corporate retreats, and private functions. The layout supports high occupancy rates while allowing flexible booking configurations to maximise yield.
Set within established landscaped grounds, the venue offers a premium outdoor environment well suited to ceremony and reception use, anchored by a striking weeping elm that provides a natural focal point for events and photography. The inclusion of an inground swimming pool further enhances guest appeal and supports premium nightly rates.
With scope to further enhance the offering subject to council approval (STCA). Its central location ensures strong accessibility while benefiting from the continued growth of regional tourism and destination events.
This is an ideal acquisition for:
• Hospitality and accommodation operators
• Investors seeking diversified income streams
• Owner-operators looking for a scalable regional venue
• Developers exploring future expansion or repositioning (STCA).