Capricorn Motor Inn, Mulwala Nsw - 1p0432

Business For Sale 255 Melbourne Street, Mulwala, New South Wales 2647

Business Category Motel

Leasehold - $495,000

Description

Capricorn Motor Inn, Mulwala Nsw - 1p0432

EXCLUSIVE TO MHB

A real money maker with a view!

Are you ready to enter the highly sought after motel industry?

A leasehold with a shorter term means one thing - Bigger profit to higher returns!

This charming 20 room motel with an outstanding view of Lake Mulwala is the perfect start up motel, with revenue of over $600K.

Key Features:

* 20 x room motel with gorgeous lake views
* Easy to run - located in busy Yarrawonga/Mulwala tourism region
* Great mix of corporate, leisure and repeat business clientele
* Projected NET profit of approx. $250K
* Demonstrates an approx. 50% return on investment
* 3 x bedroom, 2 x bathroom owners accommodation
* BBQ area with 2 x pergolas and outside guest toilet
* Ample onsite parking for guests

Be quick for this one!

Contact Dan McDonald at MHB direct to book your inspection today!
Other Features / Notes
EXCLUSIVE, LEASEHOLD, Motel, NSW - Riverina & Murray
Contact Seller

Bsale ID: 645712
Broker REF: 1P0432

McDonald Hospitality Brokers
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