Echuca, Victoria
THERE IS JUST SOMETHING ABOUT THE MIGHTY MURRAY RIVER - ID 1753ML
SOLD
Business Description
- Ideally located in the popular tourist town of Echuca.
- 24 well-appointed ground floor rooms including spa rooms.
- Fantastic 3 bedroom residence with separate kitchen and plenty of shedding for the handyman.
- First motel from Melbourne in Ogilvie Ave on the left-hand side.
- Restaurant onsite – only running for buses and large groups.
- Inground swimming pool and barbeque area for guests.
- Healthy net profit, lease and repeat guests who rave about the accommodation.
- Enquire now with the Exclusive agents – Tourism Brokers.
Net Profit: $125,437 for 2018/19
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1753ML (quote when enquiring)
Location: The Twin Towns of Echuca-Moama is located on the banks of the Mighty Murray River and are the closest point of the Murray to Melbourne - just a 2.5 hour drive. Murray Shire is located on the NSW/Victorian border at the closest point of the Murray River to Melbourne. This provides an area booming with tourism, industry, development and new residents. The Shire's main township is Moama and together with her Victorian neighbour Echuca, service a population of well over 20,000 people. r the last 10 years, Murray Shire has consistently been recognised as one of the fastest growing Local Government Areas (LGA) in New South Wales.
Property Code: 4120
Business Summary
Key Investment Insights
1. Well-established and successful motel business located in the popular tourist town of Echuca.
2. 24 well-appointed ground floor rooms, including spa rooms, providing comfortable and convenient accommodation for guests.
3. Includes a spacious 3 bedroom residence with separate kitchen and ample storage space.
4. Prime location on Ogilvie Ave, the first motel on the left-hand side when entering Echuca from Melbourne.
5. Onsite restaurant catering to buses and large groups, adding an additional source of revenue.
6. Features an inground swimming pool and barbeque area for guests to enjoy.
7. Consistently healthy net profit, with a loyal base of repeat guests who highly recommend the accommodation.
8. Exclusive agents Tourism Brokers are handling the sale, ensuring a smooth and professional process.
9. Located in the fast-growing Murray Shire, a popular destination for tourists and new residents.
10. Property ID: 1753ML, quote this when enquiring about the business.
11. Property Code: 4120.
