Here is a great opportunity to purchase a strong Freehold and Business in a well performing Region & City. This 30 unit Motel is centrally located close to the CBD, walking distance to private and public hospitals, BIG W, restaurants and major fast food outlets. The current owners have been steering the ship for 15+ years and have taken great pride in maintaining and improving the Motel.
– 30 Room motel with large parking area.
– Close to CBD, local eateries & major fast food outlets.
– The Motel has a Restaurant that is leased to popular dine in / take away outlet (long lease in place and good rent).
– Solar panels installed, motel recently repainted, car park has been resealed, kitchen/restaurant recently upgraded.
All in all this Motel offers a strong return for would be buyers with the opportunity for continued growth and further improvement to the bottom line in one of North East Victoria’s largest and most vibrant cities.
- Restaurant sublet on long 3 x 3 lease