Milawa, Victoria
A VICTORIAN FREEHOLD AMONG THE GRAPES? HOW SWEET IT IS! - 2730MF
SOLD
Business Description
Milawa lies at the gateway to the picturesque King Valley in North-East Victoria just a hundred kilometres from the snow fields of Mount Hotham, only 15 kilometres from Wangaratta, and not much over two hours from Melbourne airport.
Pizzinni, King River Estate, Brown Brothers - just three of the many names that can drop off the tongue when talking cold climate wineries, three of many making their home in the area.
On offer is a well-established 10 room motel, that could be up to 13, if you chose to live off site – it’s all set to go! All rooms open onto a central courtyard to beautiful gardens in all directions. They’re brilliantly maintained to the fussiest of standards
And set on a piece of land just over an acre - that means room for more! It’s a high tariff motel with an exceptionally high yield in a very affluent town.
This business is perfect for the dedicated couple. But it’s so easy to run it’s also an excellent opportunity for those who can manage a foot in two camps - the motel and something else like a tradesperson or a professional such as accountant, teacher or nurse.
And your market? Snow trippers, wine buffs, short breakers, summer cruisers, wedding guests.
Everyone loves a break!
Net Profit: $224,661 for 2021/22
Contact Annette Adams or Reg Partington from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2730MF (quote when enquiring)
Property Code: 4323
Business Summary
Key Investment Insights
1. The business for sale is a well-established 10 room motel located in Milawa, Victoria.
2. Milawa is a popular tourist destination, located near the King Valley and within close proximity to Mount Hotham and Melbourne airport.
3. The motel is surrounded by renowned wineries such as Pizzinni, King River Estate, and Brown Brothers.
4. The motel is set on a large piece of land, providing potential for expansion.
5. The business has a high tariff and a strong yield, making it a profitable investment opportunity.
6. The motel is well-maintained and has a central courtyard and beautiful gardens.
7. The business is ideal for a dedicated couple, but can also be managed by someone with a foot in two camps (such as a tradesperson or professional).
8. The target market for the motel includes snow trippers, wine enthusiasts, short breakers, summer vacationers, and wedding guests.
9. The net profit for the business in the 2021/22 financial year is projected to be $224,661.
10. Interested buyers can contact Annette Adams or Reg Partington from Tourism Brokers for further information or to arrange an inspection.
11. The property code for this business is 4323 and the property ID is 2730MF.
