PREMIUM BUYING HERE IN STRONG REGIONAL CITY - 1865ML

LEASEHOLD $2,490,000

  • Number One rated motel in town as supported by TripAdvisor and Booking.com.
  • 25 beautifully refurbished ground floor rooms with 4 star self rating.
  • Brand new 30-year Lease with capped CPI.
  • Amazing 3-bedroom residence with a modern kitchen that other properties would be jealous of.
  • Just under 200 kms from Melbourne, strong corporate and event city.
  • Offers guests outdoor saltwater swimming pool, barbeque area and secure gated entry/exit.
  • Very attractive net profit with turnover increasing year on year, could be run under management.
  • High occupancy rate due to location and presentation of this immaculate motel.
  • Absolutely solid performer as the the best presented motel in the city.

Net Profit: $534,020 for 2022/23 as advised by vendor

 

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1865ML (quote when enquiring)

Price LEASEHOLD $2,490,000
Location Shepparton
Property ID 1865ML
Category Motel

Quick Links

Share Property