Sold - Paddlewheel Motel, Echuca Vic - 1p0376

Business Sold 385-389 High Street, Echuca, Victoria 3564

Business Category Motel

SOLD

Description

Sold - 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

Contact MHB, the Exclusive Agents, direct on XXXXXXXXXX to enquire.
Other Features / Notes
EXCLUSIVE, Leasehold, Motel, SOLD, 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