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