Don't Miss Out On This Exceptional Investment Opportunity! - 2801mi

Business Sold Warrnambool, Victoria 3280

Business Category Motel

SOLD

Description

Don't Miss Out On This Exceptional Investment Opportunity! - 2801mi

- 15 beautifully presented rooms, with a range of queen, twin, spa and two-bedroom self-contained apartments.

- Amazingly comfortable 3 bedroom residence with own kitchen.

- Limited liquor licence - mini bar sales.

- 2kms north of Warrnambool CBD, close to Northpoint shopping centre.

- All rooms ground floor access.

- Appealing outdoor swimming pool and barbeque area.

- 18.5 years on lease.

- Occupancy increasing due to several motels closing down for new retail shops and long term residents.

- Passive Investment.

Ongoing improvements and upkeep with consistent turnover, this is a great opportunity to enter a great sought after lifestyle location.

Annual Rent: $76,535 plus GST


Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2801MI (quote when enquiring)

Property Code: 4744
Contact Seller
Andrew Cronin

Bsale ID: 626116
Broker REF: tourismbrokers_50_1568

Tourism Brokers