Castlemaine Colonial Motel - 1p5963
Business For Sale 252 Baker Street, Castlemaine, Victoria 3450
Business Category Motel
Leasehold $1,390,000
Description
Castlemaine Colonial Motel - 1p5963
CRE Brokers proudly offer the Castlemaine Colonial Motel for sale as a Leasehold Business.
This beautifully presented property consists of 15 motel suites and 5 luxury apartments and enjoys a prominent central position in a thriving regional city.
Turnover and profitability are very consistent, however, there is room for improvement.
A very comfortable three bedroom manager's residence make this the complete package.
With lease options until 2044 Castlemaine Colonial Motel is a must to inspect!
This beautifully presented property consists of 15 motel suites and 5 luxury apartments and enjoys a prominent central position in a thriving regional city.
Turnover and profitability are very consistent, however, there is room for improvement.
A very comfortable three bedroom manager's residence make this the complete package.
With lease options until 2044 Castlemaine Colonial Motel is a must to inspect!
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:VIC - North, C:VIC - WestSimilar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.
