Barooga, New South Wales

101ML - MURRAY RIVER GEM, YOU WON’T BE DISAPPOINTED

LEASEHOLD $565,000

Property Description

- Brand New 30 year Leasehold in beautiful country town of Barooga.

- Easy to run 16 room bed and breakfast property hard to find.

- Property in excellent order with ongoing renovations over last four years.

- Located in the centre of Barooga close to all attractions and golf courses.

- Excellent residence, reception, grounds, pool and barbeque areas, lots of storage.

- Preferred accommodation option in area, favoured by corporate guests.

- Freehold owner selling off lease after doing all the hard work to upgrade.

- Delivering healthy profits, low starting rent ratio, long lease available.

- Best presentation and location, it really ticks all the boxes.

- If you are in the market for a lease for a couple, this is the one.

- Don’t delay or you will miss this gem, call for more information.

- Inspections by appointment only!!!!

Barooga is situated on the Murray River on three hours’ drive from Melbourne and seven hours’ drive from Sydney. The area attracts large numbers of visitors to visit golf courses, river activities on the Murray and other tourist attractions.

The motel has a varied clientele from corporates, workers, tourists travel groups and golfing groups. It is an excellent staging point for vacations in the Murray Region.

Net Profit: $175,885 for 2018/19

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

Property ID: 101ML (quote when enquiring)

Property Code: 3861

Property Summary

Motel Information

Marketing Agent
Graham Matthews
Graham Matthews

Andrew Cronin
Andrew Cronin

Listing location
Gallery

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