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

Contact Seller
Tourism Brokers Tourism Brokers
Annette Adams
Reg Partington

Bsale ID: 595549