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

Marketing Agent
Andrew Cronin
Andrew Cronin

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.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

AN ABSOLUTE PEARLER OF A MOTEL - 2797ML
Tourism Brokers
AN ABSOLUTE PEARLER OF A MOTEL - 2797ML

KERANG

LEASEHOLD $775,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

White Hart Hotel - 1P5645
CRE Brokers
White Hart Hotel - 1P5645

55 Firebrace Street HORSHAM

Leasehold $750,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Little River Inn - 1P4737H
CRE Brokers
Little River Inn - 1P4737H

64-70 Johnston Street ENSAY

Freehold Going Concern $750,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Strategic Location Christchurch Central
Seeking a dedicated and proactive Building Manager (contractor)
Enviable Lifestyle with a Reliable Cashflow
Freehold Business in Lambton for $3.25M, Developers Dream - 125HF
Large & Profitable in Napier
Lake Boga Pub - 1P6058
Exceptional FHGC Caravan Park for Sale in Historic Charters Towers - 1056CPF
EASY Business and LARGE Remuneration with 3% annual increase!
Byron Bay Boutique Beachside Lifestyle Business | Resort Brokers ID : MR008358
TWO SIDE-BY-SIDE PERMANENTS NETTING $583K FOR 4.8X MULTIPLIER | Resort Brokers ID : MR008354
OFF THE PLAN PERMANENT MANAGEMENT RIGHTS | LITTLE EAGLE NUDGEE BY PEET
FOR SALE BY EXPRESSIONS OF INTEREST - LaTrobe Motel Morwell VIC - 1P0435
GREAT STARTER MOTEL LEASE - NORTHERN RIVERS NSW
Prime Freehold Opportunity: 41 Key Property Just 1 Hour from Hobart  | Resort Brokers ID : FH008355
EARN BIG WITH THIS NEW MLR BUSINESS-ONLY IN NEWPORT’S MASTERPLAN | Resort Brokers ID : MR008330
Prime Passive Investment Motel with secure tenants and exceptional potential! | Resort Brokers ID : INV008342
TURNKEY LEASHOLD OPPORTUNITY, EASE OF OPERATION, RUN REMOTELY | Resort Brokers ID : LH008359
Strong Trading Well Presented Caravan Park on The Tablelands - 1P5799CP