Terrific VIC Leasehold Motel For Sale
30 Year Lease and very profitable. Motivated Vendor!
Well presented and maintained 29 room Budget accommodation Motel with refurbishments across the past 18 months in preparation for a new Lease for the right tenant.
Priced to sell with a Buyers Yield of 34.5% with the space to negotiate on Lease terms.
* 3 bedroom private residence
* Excellent location just off the Hume Highway
* Swimming pool, BBQ area, good signage
* Close to local shopping, cafes, restaurants and bars
* Upstairs and downstairs rooms
* Ample off-street parking with truck parking available
* Turnover in excess of $425,000 in 2018/2019
If you are looking for a large Leasehold Motel in a dynamic regional centre then this is the one!
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:VIC - North East