Cann River, Victoria

A GREAT FREEHOLD OPPORTUNITY ON MAJOR HIGHWAY FRONTAGE - 1782MF

FREEHOLD $1,600,000

Business Description

- 17 ground floor rooms in main street of town.

- Freehold Going concern for 10 rooms and lease out another 7 rooms across the road.

- 2 bedroom residence onsite.

- Solid Overnight Trade Year-round.

- Workers Stay Week at A Time.

- Good Corporate Trade (Reps).

- Government Agencies in Area (Police, Vic Forests, DELWP).

- Close to Prime Sport Fishing Locations.

- Close Enough to Capitalise on Overflow from Eden/Merimbula in peak season.

- Town Will Never Be Bypassed.

- Town Being Transformed by New Streetscape.

- Strong Returning Annual Group Bookings (Moto GP, Fishing Comps, etc.)

Cann River is a tiny township on the junction of the Cann River and Princes Highway 450kms east of Melbourne. Its importance and interest lie in its proximity to Croajingolong National Park and the access it provides to Point Hicks, the first land to be sighted by Europeans on the east coast of Australia.

Net Profit: $174,977 for 2022/23

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

Property ID: 1782MF (quote when enquiring)

Property Code: 4728

Business Summary

Marketing Agent
Andrew Cronin
Andrew Cronin

Key Investment Insights

1. Freehold Going Concern with potential for additional income through leasing out 7 rooms.
2. Strategic location on major highway with high visibility and easy access.
3. Diverse customer base including overnight travelers, workers, corporate clients, and government agencies.
4. Proximity to popular tourist attractions and prime sport fishing locations.
5. Strong annual group bookings for major events.
6. Potential for further growth and development with town's transformation and no threat of bypass.
7. Includes a 2-bedroom residence onsite for owner/operator or manager.
8. Net profit of $174,977 projected for 2022/23.
9. Opportunity for owner/operator to live and work in a beautiful and peaceful location.
10. Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Listing location

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Eildon Lake Motel, VIC - 1P0252
McDonald Hospitality Brokers (MHB)
Eildon Lake Motel, VIC - 1P0252

2 Girdwood Parade EILDON

Freehold Going Concern - Offers over $1.5M

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Beachfront Leasehold Motel & Tourist Park
Lifestyle Park in Premium Gippsland Location - 1P4512
Two Mile Hotel Leasehold Sale
LARGE CORPORATE LEASEHOLD MOTEL! - 2304ML
BYRON BAY RESORT WITH RARE 20 YEAR AGREEMENTS | Resort Brokers ID : MR008046
Exclusive Dual Key Resort in Cairns Beaches
ResortBrokers offers an exclusive high-yield investment Motel in Central QLD | Resort Brokers ID : INV008036
Profitable, low-maintenance Management Rights business in Cairns CBD | Resort Brokers ID : MR008041
Outstanding Short-Stay Opportunity - Huge $495k+ Net Profit at 4.4x Multiplier  | Resort Brokers ID : MR008042
BOUTIQUE FREEHOLD - TRIFECTA OF BUSINESSES WITH HUGE POTENTIAL FOR EXPANSION | Resort Brokers ID : FH008029
SOLID MR BUSINESS AT A MULTIPLIER OF 2.3x NET PROFIT IN EXCESS OF $200K | Resort Brokers ID : MR008032
1st time to market in over a decade freehold motel in Hamilton, VIC | Resort Brokers ID : FH007999
Super High Return $315,000 – ID 9116
Freehold Going Concern of a large motel property in Parkes | Resort Brokers ID : FH007986
Profitable Backpacker for Sale in Greymouth
Amaroo Holiday Park - 1P5915
Birchip Motel & Caravan Park, VIC - 1P0347
5 hectare River Front Park offering brand new lease