A Victorian Freehold Among The Grapes? How Sweet It Is! - 2730mf

Milawa, Victoria 3678

SOLD

Key Features

AI generated. Contact seller to confirm.

  • Well-established 10 room motel
  • Potential for 13 rooms
  • Central courtyard with beautiful gardens
  • High tariff motel with exceptional yield
  • Located in affluent town
  • Ideal for dedicated couple or professionals
  • Turnover: Not disclosed
  • Net Profit: $224,661
  • Rent/Lease: Lease in place
  • Stock Value: Included
  • Established: Not disclosed

Business Details

Business Category Motel

Milawa lies at the gateway to the picturesque King Valley in North-East Victoria just a hundred kilometres from the snow fields of Mount Hotham, only 15 kilometres from Wangaratta, and not much over two hours from Melbourne airport.

Pizzinni, King River Estate, Brown Brothers - just three of the many names that can drop off the tongue when talking cold climate wineries, three of many making their home in the area.

On offer is a well-established 10 room motel, that could be up to 13, if you chose to live off site – it’s all set to go! All rooms open onto a central courtyard to beautiful gardens in all directions. They’re brilliantly maintained to the fussiest of standards

And set on a piece of land just over an acre - that means room for more! It’s a high tariff motel with an exceptionally high yield in a very affluent town.

This business is perfect for the dedicated couple. But it’s so easy to run it’s also an excellent opportunity for those who can manage a foot in two camps - the motel and something else like a tradesperson or a professional such as accountant, teacher or nurse.

And your market? Snow trippers, wine buffs, short breakers, summer cruisers, wedding guests.

Everyone loves a break!

Net Profit: $224,661 for 2021/22

Contact Annette Adams or Reg Partington from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2730MF (quote when enquiring)

Property Code: 4323

What's Nearby

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

Contact Seller
Tourism Brokers Tourism Brokers
Annette Adams
Reg Partington

Bsale ID: 595549