Kerang, Victoria

AN ABSOLUTE PEARLER OF A MOTEL - 2797MF

UNDER CONTRACT

Business Description

- A Freehold Going concern motel that is in mint condition.

- With all the hard work done, sit back and reap the rewards.

- An easy to run motel, that has 12 ground floor beautifully refurbished rooms.

- A generous 3 bedroom residence that would suit the most fastidious family.

- Number 1 rated motel in town by TripAdvsior.

- Recently installed solar system, automatic sprinkler system, and CCTV.

- Great repeat clientele and occupancy rate.

- An inspection will certainly impress.

- Vendor finance is available TAP.

Net Profit: $319,473 for 2022/23

Property ID: 2797MF (quote when enquiring)

Property Code: 4680

Business Summary

Marketing Agent
Andrew Cronin
Andrew Cronin

Key Investment Insights

1. Freehold going concern motel in excellent condition.
2. Easy to run with 12 ground floor refurbished rooms.
3. Spacious 3 bedroom residence suitable for a family.
4. Highly rated by TripAdvisor, the number 1 motel in town.
5. Recent upgrades including solar system, sprinkler system, and CCTV.
6. Strong repeat clientele and high occupancy rate.
7. Impressive upon inspection.
8. Vendor finance available subject to approval.
9. Projected net profit of $319,473 for 2022/23.
10. Property ID: 2797MF.
11. Property Code: 4680.
Listing location

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