A Great Freehold Opportunity On Major Highway Frontage - 1782mf
Business For Sale Cann River, Victoria 3890
Business Category Motel
FREEHOLD $1,600,000
Description
A Great Freehold Opportunity On Major Highway Frontage - 1782mf
- 17 ground floor rooms in main street of town.
- Freehold Going concern for 10 rooms and lease out another 7 rooms across the road.
- 2 bedroom residence onsite.
- Solid Overnight Trade Year-round.
- Workers Stay Week at A Time.
- Good Corporate Trade (Reps).
- Government Agencies in Area (Police, Vic Forests, DELWP).
- Close to Prime Sport Fishing Locations.
- Close Enough to Capitalise on Overflow from Eden/Merimbula in peak season.
- Town Will Never Be Bypassed.
- Town Being Transformed by New Streetscape.
- Strong Returning Annual Group Bookings (Moto GP, Fishing Comps, etc.)
Cann River is a tiny township on the junction of the Cann River and Princes Highway 450kms east of Melbourne. Its importance and interest lie in its proximity to Croajingolong National Park and the access it provides to Point Hicks, the first land to be sighted by Europeans on the east coast of Australia.
Net Profit: $174,977 for 2022/23
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1782MF (quote when enquiring)
Property Code: 4728
- Freehold Going concern for 10 rooms and lease out another 7 rooms across the road.
- 2 bedroom residence onsite.
- Solid Overnight Trade Year-round.
- Workers Stay Week at A Time.
- Good Corporate Trade (Reps).
- Government Agencies in Area (Police, Vic Forests, DELWP).
- Close to Prime Sport Fishing Locations.
- Close Enough to Capitalise on Overflow from Eden/Merimbula in peak season.
- Town Will Never Be Bypassed.
- Town Being Transformed by New Streetscape.
- Strong Returning Annual Group Bookings (Moto GP, Fishing Comps, etc.)
Cann River is a tiny township on the junction of the Cann River and Princes Highway 450kms east of Melbourne. Its importance and interest lie in its proximity to Croajingolong National Park and the access it provides to Point Hicks, the first land to be sighted by Europeans on the east coast of Australia.
Net Profit: $174,977 for 2022/23
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1782MF (quote when enquiring)
Property Code: 4728
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
