Broadford, Victoria

Only Motel in Town & just off the busy Hume Highway

$580,000

Property Description

A rare opportunity presents itself here to purchase a strong & consistent Leasehold Motel with the added bonus of no competition close by. Located just off the busy Hume Highway and only 90km's north of Melbourne, with major rail and road links, this well presented 12 unit Motel is an excellent and safe proposition for any purchaser.

The vendors have just reduced their asking price and are motivated for a quick sale. With recent renovations to bathrooms in the units (landlord assisted) along with works in the residence completed, this provides peace of mind for any purchasers knowing those potential costly upgrades have already been completed.

Perfect for a husband and wife team, this robust motel is a safe and secure business. With no money to spend, strong consistent figures & additional growth possible, a long 24 year lease and enthusiastic landlords this an opportunity too good to miss out on, contact us today for further information to arrange an inspection.

Property Summary

Motel Information

Marketing Agent
Tim Symes
Tim Symes

Tower Business & Realestate

Tower Business & Realestate

Listing location
Gallery

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