Echuca, Victoria
2674ML - HUGE LEASE IN PRIME LOCATION
SOLD
Business Description
Ideally situated in a beautiful location on the Murray this 20 room motel is a great opportunity.
- High quality 4 star property all ground floor rooms BnB style business
- Beautifully presented and well maintained
- Huge 41 year lease
- Ground floor modern 3 bedroom residence with new bathroom
- Landscaped gardens with swimming pool and barbeque area
- Local pub chargeback and food delivery
- Main street location close to local shopping and activities
- Refurbishments throughout
- 77 Solar panels and 2 Tesla EV charging ports – the only one in town!
Net Profit: $197,384 for 2018/19
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2674ML (quote when enquiring)
Property Code: 3940
Business Summary
Key Investment Insights
1. Prime location on the Murray River, a popular tourist destination
2. High quality 4-star property with all ground floor rooms
3. BnB style business model, offering a unique and personalized experience for guests
4. Well-maintained and beautifully presented property
5. Long lease of 41 years, providing stability and potential for growth
6. Modern 3 bedroom residence for owners/managers
7. Landscaped gardens with swimming pool and barbeque area, providing additional amenities for guests
8. Partnership with local pub for chargeback and food delivery, enhancing guest experience
9. Refurbishments throughout the property, ensuring a high standard for guests
10. Sustainable features such as 77 solar panels and 2 Tesla EV charging ports, appealing to environmentally conscious guests
11. Strong financial performance with a net profit of $197,384 for 2018/19
12. Opportunity for further growth and development in the popular tourist destination
13. Experienced and knowledgeable broker available for further information and inspection.
