A Cracking Freehold Motel With Huge Potential - 2168mf

- A 34 room ground floor motel in the heart of the Gippslands.

- Sitting on 5,277 m2, a development dream.

- Main street frontage with rear access.

- Can be split into Restaurant and 12 rooms, leaving 22 rooms, breakfast / dining area and residence (STCA).

Ready to take it to the next step?

- Create a website (never had one)

- Increase tariffs (not done in years - cheapest motel in town)

- Accept bus trade enquiries (not currently taking them)

- Create lease with extra rent from restaurant (minimum $50,000 per annum)

These are just a few examples of where your entrepeneur mindset can take you to boost this motel in to the next millenium. Enquire now for more information.

Net Profit: $575,706 for 2023/24 (as provided by vendor)

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2168MF (quote when enquiring)

Property Code: 5063