Echuca, Victoria
A GOLDEN OPPORTUNITY AWAITS ON THE MURRAY RIVER - 1752ML
SOLD
Business Description
- One of Victoria’s’ top tourist destination.
- Live and work near the Murray River, close to cafes, restaurants and town centre.
- A beautiful property that you would love to call home.
- Ranked 4 star on TripAdvisor and Very Good 8.5 rating from Booking.com.
- With 19 well-appointed rooms, all ground floor, this is the perfect starter for a couple to get into the motel industry.
- New 32 year lease and reduced rent now available.
- A comfortable 3 bedroom residence is attached to reception.
- On a 2,457 m2 block, on entry to Echuca from Melbourne.
- Guests can enjoy the barbeque area or go for a dip in the resort style pool and spa.
- An inspection will not disappoint.
- Don’t miss this picturesque property.
- Leasehold Motel.
Net Profit $94,250 for 2021/22
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1752ML (quote when enquiring)
Location: 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.
Property Code: 4473
Business Summary
Key Investment Insights
1. Located in a highly sought-after tourist destination near the Murray River.
2. Close proximity to town centre, cafes, and restaurants.
3. Highly rated on TripAdvisor and Booking.com.
4. 19 well-appointed rooms, perfect for a couple to enter the motel industry.
5. New 32 year lease and reduced rent available.
6. Attached 3 bedroom residence for owner's convenience.
7. Large 2,457 m2 block on entry to Echuca from Melbourne.
8. Resort-style amenities including BBQ area, pool, and spa.
9. Inspection is highly recommended.
10. Net profit of $94,250 for 2021/22.
11. Located in the Murray Shire, a booming area for tourism, industry, and development.
12. Property ID: 1752ML.
13. Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
14. Property Code: 4473.
