Merrijig, Victoria

Snow anyone? Strong cash returns from diverse business | Resort Brokers ID : LH006683

$795,000

Property Description

With an income in excess of $1.3M and providing year-round cash flow through its diverse income streams, this is a fantastic opportunity to acquire a cash cow business set at the foothills of Mt Buller. Catering to those looking for affordable off mountain accommodation, winter sees this 24-room motel booked at 80% occupancy.



  • Income in excess of $1.3M

  • Diverse business providing many and varied income streams

  • Experienced staff to assist

  • Market value rent (6.8% of total sales)

  • Plenty of upside

  • Perfect for partnership or large family

  • 30 minutes to Mount Buller ski slopes

  • Strong year-on-year growth

  • Property inspections are by appointment only

Date updated: 02 Jun 2021 13:00:06

Property Summary

Business Snapshot

Price: $795,000 Net Profit: $232,862

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -
Marketing Agent
Damien Loorham
Damien Loorham

ResortBrokers
ResortBrokers

ResortBrokers

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

UNDER OFFER - Glenrowan Kelly Country Motel VIC - 1P0048
McDonald Hospitality Brokers (MHB)
UNDER OFFER - Glenrowan Kelly Country Motel...

44 Gladstone Street GLENROWAN

$750,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

2427MF - STRONG TRADING HISTORY, HUGE OPPORTUNITY FOR GROWTH, OVER 15% ROI!
Tourism Brokers
2427MF - STRONG TRADING HISTORY, HUGE...

HEYWOOD

FREEHOLD $795,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Little River Inn - 1P4737H
CRE Brokers
Little River Inn - 1P4737H

64-70 Johnston Street ENSAY

Freehold Vacant Possession $680,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

NORTH QUEENSLAND LEASEHOLD MOTEL , 40% RETURN AND 25 YEAR LEASE. FULLY RENOVATED!
Business For Sale - Family Friendly Permanent in Robina Area - ID 9017 BL
Easy and Solid Management Rights & Not Required to Live On-site!
Bass & Flinders Motor Inn, Excellent Business, Property & Opportunity, FHGC $1.6 Mill
Business For Sale - Stunning Waterfront Golf Resort - ID 7921 BL
Tassie East Coast Management Rights Income $75,000 approx, 3bdr unit +studio 0/0 $450K
80HF - THE ICONIC COUNTRY PUB IN THE WESTERN DISTRICTS IS UP FOR GRABS
1266ML - WORK FROM HOME - REFURBISHED AS NEW LEASEHOLD BUSINESS
61ML - SOLID NEW ENGLAND LEASEHOLD BUSINESS IN THE HEART OF TOWN
MR Business for Sale: Central Location together with Solid Income in Sunnybank Hills, Brisbane.
30 Acre Caravan Park with Direct Access to a Tropical Coastline - 1P5003CP
2489MF - A RARE COASTAL FREEHOLD WITH AN EXCITING OPPORTUNITY
Brand new lease in North East Victorian tourist hot spot
Leasehold For Sale - Horse & Jockey Hotel, Tarcutta NSW - 1P0053
A spacious, tropical setting with plenty of room for growth. | Resort Brokers ID : FH006745
1254ML - BLUE-CHIP CORPORATE LEASEHOLD, LIVE OFFSITE IN THE COUNTRY MUSICAL CAPITAL
Now is the time to buy into the home improvement market!  Franchises available Australia wide
Now is the time to buy into the home improvement market!