385-389 High Street, Echuca, Victoria
UNDER OFFER - Paddlewheel Motel, Echuca VIC - 1P0376
Leasehold - POA
Business Description
Rare 30 x Room + Penthouse - VIC Leasehold Motel In Regional City of Echuca.
Key Features:
* First time to market in 14 years
* Long lease - 25 years with great rent and terms
* Offering 30 x rooms plus a 2-3 room Penthouse
* Consistent high performer with revenue well in excess of $800K over the last
2 years
* Strong business model after rent profit of approx. $400K
* Unbeatable location in the centre of Echuca and within walking distance to all
attractions
* Perhaps the best family residence we have ever seen
Contact MHB, the Exclusive Agents, direct on ---------- to enquire.
Business Summary
Other Features / Notes
EXCLUSIVE, Leasehold, Motel, Under Offer, VIC - NorthKey Investment Insights
1. Rare opportunity to acquire a 30 room + penthouse leasehold motel in the regional city of Echuca.
2. First time on the market in 14 years, indicating a stable and successful business.
3. Long lease of 25 years with favorable rent and terms.
4. Consistent high performer with revenue exceeding $800K over the past 2 years.
5. Strong business model with a profit of approximately $400K after rent.
6. Prime location in the center of Echuca, within walking distance to all attractions.
7. Includes a spacious and impressive family residence.
8. Exclusive listing with MHB, the exclusive agents for the sale.
9. Potential for further growth and development in the thriving tourism industry of Echuca.
10. Ideal opportunity for an owner-operator or investor looking to enter the hospitality industry.
