Benalla, Victoria

Beautifully presented and located Motel in North East Victorian city

SOLD

Business Description

A wonderful opportunity to purchase an outstanding freehold Motel, with absolutely no money to spend and the added benefit of future growth. This Motel boasts 22 fully renovated units and the recent acquisition of 3 x 2 bedroom self contained apartments, which adjoin the Motel and are also fully renovated. This Motel is ideally located in the main street of an excellent accommodation City, within 200m of national fast food outlets, major supermarkets, restaurants and cafes.

Other features of this amazing opportunity include:
• Income growth through newly renovated apartments
• Large fully renovated 3 bedroom, 2 bathroom residence with private yard
• Excellent accommodation town with strong repeat clientele
• Absolutely nothing to spend with all renovations carried out

We all know that Motels fill from the inside of town out, and being the most central and modern in town, this plays an integral part in the continued success of this Motel. Located just off the Hume Highway, other key local attractions include Winton Motor Raceway, the Benalla Street Art, Art Gallery and close proximity to Wineries, Snowfields and the Murray River.

This Motel also boasts amazing reviews which drives their strong new and repeat clientele. Rarely do Motels of this standing come available, we anticipate strong interest in this property, don't miss out and contact Tower Business Brokers today for further information.

* Please note, inspections of this property are strictly by appointment only.

Business Summary

Marketing Agent

Tim Symes

0498998....

Tower Business & Realestate

Key Investment Insights

AI generated. Confirm details with the seller.

1. Freehold Motel with no money to spend and potential for future growth.
2. 22 fully renovated units and 3 x 2 bedroom self contained apartments.
3. Located in the main street of an excellent accommodation city with easy access to national fast food outlets, major supermarkets, restaurants and cafes.
4. Income growth potential through newly renovated apartments.
5. Large fully renovated 3 bedroom, 2 bathroom residence with private yard.
6. Strong repeat clientele in a popular accommodation town.
7. All renovations have been carried out, no additional expenses required.
8. Central location and modern facilities contribute to the success of the Motel.
9. Close proximity to key local attractions such as Winton Motor Raceway, Benalla Street Art, Art Gallery, Wineries, Snowfields and the Murray River.
10. Excellent reviews and strong new and repeat clientele.
11. Rare opportunity for a Motel of this standing to become available.
12. Strictly by appointment only for property inspections.