296-310 High Street, Kangaroo Flat, Victoria

SOLD - Calder Family Motel, Kangaroo Flat VIC - 1P0075

SOLD

Business Description

EXCLUSIVE TO MHB

Perfect entry level VIC Leasehold Motel.

Beautifully presented 12 unit, easy to operate Motel is on the market for genuine sale from vendors motivated to sell now!

Excellent Lease terms and significant rejuvenation over the past 12-18 months.

This delightful Motel has been recently refurbished and comprises of 12 modern suites with diverse accommodation options, including standard king, twin/triple and family suites, guest laundry facilities, BBQ area, relaxing in-ground swimming pool, playground and ample guest parking.

A spacious 5 bedroom family residence with a big private yard completes this oﬀering to market.

An ideal entry level accommodation business awaits a keen purchaser.

Key Features:

* Easy to operate with 12 units
* Excellent Lease terms
* 33.8% (Approx.) Buyers Yield
* Low Rent % of Turnover at 21%
* Great location in tightly held market within Greater Regional Bendigo
* Significant rejuvenation to residence and some rooms over last 12 months
* Spacious 5 bedroom family residence with a big private yard.
* Guest laundry, BBQ area, in-ground pool, playground and ample parking.

A genuine oﬀering priced to sell.

Contact Dan McDonald at MHB to arrange your inspection today!

Business Summary

Other Features / Notes

Leasehold, Motel, SOLD, Sold & Settled, VIC - North

Marketing Agent

Dan McDonald (Managing Director)

McDonald Hospitality Brokers (MHB)

Key Investment Insights

1. Easy to operate with 12 units.
2. Excellent lease terms.
3. 33.8% (approx.) buyers yield.
4. Low rent % of turnover at 21%.
5. Great location in tightly held market within Greater Regional Bendigo.
6. Significant rejuvenation to residence and some rooms over last 12 months.
7. Spacious 5 bedroom family residence with a big private yard.
8. Guest laundry, BBQ area, in-ground pool, playground and ample parking.
9. Genuine offering priced to sell.
10. Ideal entry level accommodation business.
11. Recently refurbished with modern suites and diverse accommodation options.
12. Guest laundry facilities.
13. BBQ area.
14. Relaxing in-ground swimming pool.
15. Ample guest parking.
16. Tightly held market within Greater Regional Bendigo.
17. Motivated vendors.
18. Ideal for a keen purchaser.
19. Low rent percentage.
20. Significant rejuvenation over the past 12-18 months.