For Sale By Expressions Of Interest - Paddlewheel Motel, Echuca Vic - 1p0376

Business For Sale 385-389 High Street, Echuca, Victoria 3564

Business Category Motel

Leasehold - EOI Closing 8.10.2024

Description

For Sale By Expressions Of Interest - Paddlewheel Motel, Echuca Vic - 1p0376

Rare 30 x Room + Penthouse - VIC Leasehold Motel In Regional City of Echuca.

Key Features:

* First time to market in 14 years
* Long lease - 25 years with great rent and terms
* Offering 30 x rooms plus a 2-3 room Penthouse
* Consistent high performer with revenue well in excess of $800K over the last
2 years
* Strong business model after rent profit of approx. $400K
* Unbeatable location in the centre of Echuca and within walking distance to all
attractions
* Perhaps the best family residence we have ever seen

This will sell - Available by Expressions of Interest closing @ 12pm on Tuesday the 8th of October 2024.

Contact MHB, the Exclusive Agents, direct on XXXXXXXXXX to make an enquiry and book an inspection.
Other Features / Notes
EXCLUSIVE, Leasehold, Motel, Primary Featured, VIC - North

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Dan McDonald (Managing Director)

Bsale ID: 649882
Broker REF: 1P0376

McDonald Hospitality Brokers
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