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
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