Two brothers have sent to market their idyllic Pratty’s Patch pub – the only hotel in the popular and growing precinct of Maiden Gully, in central Victoria.
Pratty’s Patch is a meticulously restored 19th-century stone cottage, adorned with warm timber accents and exposed stonework and bathed in historic charm.
It offers an inviting, character-rich setting that reflects its long-standing presence in the region, while containing a contemporary hospitality layout suited to both casual dining and special occasions.
The business has focused on its place as a dining destination, seating around 120-pax, with generous indoor and covered outdoor areas.
It was recently voted Best Restaurant in Central Victoria by Gold Central Victoria, FM 98.3.
Trade is under a general liquor licence with 1am late-trading approval Monday to Saturday.
Maiden Gully is on the outskirts of Bendigo, around nine kilometres from the CBD and 150 from Melbourne. It was established in 1845, named in honour of cattle drover James Maiden.
Seeing expanding infrastructure and amenities in the past decades, including a new Coles shopping centre under construction, the township has become increasingly popular with young families and has a growing residential catchment.
Pratty’s resides on a 6,566sqm lot and marketing literature notes the upside potential, including a much-needed expansion of the bar area.
Also available, separately, is an adjoining landholding of 4,567sqm, which significantly adds to the business’ expansion or development potential (STCA) in an LGA where land is fetching increasingly high prices.
For the past decade the hotel has been owned and operated by Steve and Gary McMillan, with their wives Simone and Angela (respectively), under their business Primac P/L. The brothers had previously operated commercial properties such as service stations.
Now looking to retire, the local couples have listed the freehold and business interest, looking to sale price of $2.75 million.
The sale campaign is being managed by Manenti Quinlan’s Leonard Bongiovanni and Victorian addition to the firm, Bob McCormick – who sold the asset to the brothers 10 years ago.
“Pratty’s has great potential for various options, to extend or expand on the business,” offers McCormick.
