1-9 Main Street, Cobram, Victoria

UNDER OFFER - Regency Court Motel, Cobram VIC - 1P0004

Leasehold - $370,000

Property Description

Best Value Leasehold Motel on the Market!

Neat as a pin, just walk in. This property won`t disappoint.

Fantastic central location in the vibrant regional Victorian township of Cobram.

This strongly performing 12 Unit Motel just ticks all the boxes.

Beautifully presented, this charming Motel offers excellent returns and a sought after central location in the heart of the shopping precinct.

With much to offer the Motel features 12 well-appointed rooms with a diverse range of accommodation options, inviting in ground salt water swimming pool, relaxing outdoor BBQ area, a 2 bedroom manager / owner residence, new Motel front façade and signage, beautifully landscaped gardens and ample guest parking.

A quality bathroom refurbishment with all 12 bathrooms renovated across the Motel in conjunction with many other upgraded positions, this property is ripe for the taking for the savvy Motel operator.

* A genuine offer to market at (approx.) 59.4% ROI
* Long lease with excellent terms
* New Motel front façade and signage
* Quality 12 x bathroom refurbishment completed in 2019/2020
* An excellent balance of corporate/tourist trade across the week
* Prominent location in vibrant area

Ideal for the owner/operator. A great business and a must to consider.

Contact Dan McDonald at MHB to arrange your inspection today!

Property Summary

Motel Information

Other Features / Notes

LEASEHOLD, Motel, Under Offer, VIC - North East
Marketing Agent
McDonald Hospitality Brokers (MHB)

McDonald Hospitality Brokers (MHB)

Listing location
Gallery

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