71 Samaria Road, Benalla, Victoria

Rare opportunity to buy in this popular North East Victorian town

SOLD

Business Description

This lovely 17 apartment Leasehold Motel is located in one of North East Victoria's most popular accommodation hot spots. The Motel is situated across the road from the Benalla Hospital and close to Benalla's airport, home of the National Gliding Championships and Winton Motor Raceway, home of the V8 supercars and a host of other events. Huge local job growth has been recently announced for Benalla and new owners will be sure to reap the benefits of this. The Motel boasts both two bedroom and single bedroom self contained apartments with private courtyards to all rooms. Refurbishments to the Motel in recent years has the property presenting fantastically well, ensuring little money to be spent by incoming buyers. A brand new 30 year lease is in place and with rent currently at market rates the future is secure for an incoming owner. Having our business based in Benalla we are aware of how strong the Motel trade is and what sought after businesses they are. This Motel is priced to sell so don't hesitate in contacting us today for further details.

For further information, please email us via the enquiry form or phone:-
Office: ---------- - Tim Symes - ----------

Business Summary

Marketing Agent

Tim Symes

0498998....

Ricky Symes

0488723....

Tower Business & Realestate

Key Investment Insights

1. Located in a popular tourist destination in North East Victoria.
2. Close proximity to local attractions and events such as the National Gliding Championships and V8 supercars.
3. Across the road from the Benalla Hospital, providing potential for medical tourism.
4. Huge local job growth recently announced, indicating a strong future for the business.
5. 17 self-contained apartments with private courtyards, catering to different accommodation needs.
6. Recent refurbishments ensuring a well-presented property with minimal additional costs for new owners.
7. Brand new 30-year lease in place, providing long-term security for the business.
8. Rent currently at market rates, ensuring a stable financial future for the business.
9. Located in a strong motel trade area, indicating high demand for this type of business.
10. Priced competitively and ready to sell, providing a great opportunity for potential buyers.