Sold

REMEMBER ME, NOW WITH A 20 YEAR LEASE - AND JUST $399K - 2498ML

SOLD

Still an easy run 14 room property, travelling well and fully back in business after the pandemic. 

It sits about an hour from Ballarat, Bendigo and Horsham

Showing solid occupancies and improved room rates, it’s the perfect property to start your motel ownership at very low risk.

A three bedroom residence is part of the deal.

No longer working for the man.

You’re the Boss!

 

 

Net profit $144,314 for 2022/23


Contact Annette Adams and Reg Partington from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2498ML (quote when enquiring)

 

Location: St Arnaud is a substantial country town of some 3,000 people located at the south-eastern edge of the Mallee plains, between Donald and Avoca on the Sunraysia Highway, 235 km north-west of Melbourne and 239 metres above sea-level. It is a service centre to a district focused on mixed farming, merino wool, grains, legumes and vineyards.  The district around St Arnaud supports an agricultural industry of sheep grazing, grains and wineries, with forested areas to the south and open Mallee plains to the north. Over the years, modern facilities have been subtly introduced to the town, without detracting from the old world character and charm associated with its past history.   Major Events: Festival of St Arnaud - November; St Arnaud Agricultural Show - October; St Arnaud Country Music Festival - November; St Arnaud Harness Racing Pacing Cup - November; Easter Tennis Tournament - Easter

Price SOLD
Location St Arnaud
Property ID 2498ML
Category Motel

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