2696mf - Only Motel In Town, A Great Freehold Opportunity With 16.5% Roi
Business Sold Dimboola, Victoria 3414
Business Category Motel
SOLD
Description
2696mf - Only Motel In Town, A Great Freehold Opportunity With 16.5% Roi
- Travellers’ destination between Melbourne and Adelaide, off the main Highway.
- 18 comfortable and quiet ground floor rooms – all double brick.
- 3 acres with loads of parking for trucks and buses.
- 4 bedrooms residence with modern kitchen, 2 bathrooms, and separate laundry.
- Beautiful saltwater pool, ideal for the warmer months.
- Games room, guest laundry and workers kitchenette/barbeque area.
- FHGC under $1m are rare, and don’t normally stay on the market too long.
- Well below building cost.
- Freehold Motel.
Dimboola is a quiet wheatbelt service centre located on the Wimmera River at the north-eastern edge of the Little Desert National Park, about halfway between Nhill and the large town of Horsham. Dimboola is surrounded by fields of wheat and cereal crops, as well as some sheep farms. These are industries which have been the lifeblood of the town back to the mid-1800’s when the area was originally known as Nine Creeks.
Net profit: $155,290 for 2018/19
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2696MF (quote when enquiring)
Property Code: 4097
- 18 comfortable and quiet ground floor rooms – all double brick.
- 3 acres with loads of parking for trucks and buses.
- 4 bedrooms residence with modern kitchen, 2 bathrooms, and separate laundry.
- Beautiful saltwater pool, ideal for the warmer months.
- Games room, guest laundry and workers kitchenette/barbeque area.
- FHGC under $1m are rare, and don’t normally stay on the market too long.
- Well below building cost.
- Freehold Motel.
Dimboola is a quiet wheatbelt service centre located on the Wimmera River at the north-eastern edge of the Little Desert National Park, about halfway between Nhill and the large town of Horsham. Dimboola is surrounded by fields of wheat and cereal crops, as well as some sheep farms. These are industries which have been the lifeblood of the town back to the mid-1800’s when the area was originally known as Nine Creeks.
Net profit: $155,290 for 2018/19
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2696MF (quote when enquiring)
Property Code: 4097
