Freehold - Mildura River City Motel - 1p0471
Business For Sale 830 Fifteenth Street, Mildura, Victoria 3500
Business Category Motel
Freehold Going Concern - $3,600,000
Description
Freehold - Mildura River City Motel - 1p0471
Exceptional property offering a unique blend of profitability and lifestyle, within a well-established business and prime real estate area of Mildura, Victoria.
Key Features:
* 16 x rooms - Very well presented and in immaculate condition
* Offering an approx. 11.6% Buyers Yield
* Same owners operating for last 14 years
* Ideal main street corner location in the heart of the Mildura CBD
* Approx. 91.4% occupancy rate in FY2023, followed by a strong 87.9%
occupancy rate in FY2024
* Booking.com has a current rating of 8.4 for the motel
* Car parking available to all rooms
* City views from all rooms
* Within walking distance to all amenities - cafes, shopping precincts and
food/eatery outlets
* Situated upon approx. 2,085m2 of C2Z – Commercial 2 Zoned land
Contact Dan McDonald, the Exclusive Agent, direct on XXXXXXXXXX to arrange an inspection today.
Key Features:
* 16 x rooms - Very well presented and in immaculate condition
* Offering an approx. 11.6% Buyers Yield
* Same owners operating for last 14 years
* Ideal main street corner location in the heart of the Mildura CBD
* Approx. 91.4% occupancy rate in FY2023, followed by a strong 87.9%
occupancy rate in FY2024
* Booking.com has a current rating of 8.4 for the motel
* Car parking available to all rooms
* City views from all rooms
* Within walking distance to all amenities - cafes, shopping precincts and
food/eatery outlets
* Situated upon approx. 2,085m2 of C2Z – Commercial 2 Zoned land
Contact Dan McDonald, the Exclusive Agent, direct on XXXXXXXXXX to arrange an inspection today.
Other Features / Notes
EXCLUSIVE, Freehold, Motel, New Price, VIC - North WestSimilar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.
