Moama, New South Wales
Luxury on the Murray Houseboats
$1,900,000
Business Description
CRE Brokers are pleased to offer for sale as a Leasehold Business, Luxury on the Murray Houseboats Moama.
Luxury on the Murray Houseboats Moama is a unique licensed houseboat hire business located in the highly regarded tourist destination twin towns of Echuca and Moama. Their website can be viewed at www.luxuryonthemurray.com.au
Located about 2.5 hours drive north from Melbourne in Moama, this established Murray River houseboat hire business offers a steady cash flow and lifestyle opportunity. The business is secured by concurrent 4 year leases until 2042 direct from current land owner providing access to licensed moorings. The eight (8) moorings provide deep water berths on the Murray River for the luxury fleet of hoseboats.
The houseboat fleet comprises five (5) modern vessels that range from 15 years to 19 years in age and one houseboat out of survey. There are two (2) unoccupied licensed moorings providing an opportunity to offer new houseboats to the fleet.
Improvements other than the houseboats and the extensive plant and equipment include a substantial workshop space with hard stand open air storage, access to a concrete boat ramp and an eight berth floating steel frame mooring structure secured to the riverbank.
Luxury on the Murray Houseboats was established in 2002 and has provided a consistent and substantial income. The owner operators wish to concentrate on another non related business they have and will provide all the necessary training to the successful purchaser.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:OTHER OPPORTUNITY
Key Investment Insights
1. Established leasehold houseboat hire business operating since 2002, providing brand longevity and market presence.
2. Located in the high‑traffic tourist twin towns of Echuca and Moama, strong regional demand and appeal.
3. Approximately 2.5 hours drive north of Melbourne, accessible for weekend and holiday markets.
4. Business secured by concurrent four‑year leases until 2042 with the landowner, ensuring long‑term access to licenced moorings.
5. Eight licenced moorings providing deep water berths for the fleet, plus an eight‑berth floating steel frame mooring structure secured to the riverbank.
6. Fleet comprises five modern houseboats aged 15 to 19 years, plus one vessel currently out of survey; two unoccupied licenced moorings present expansion opportunity to add new boats.
7. Steady cash flow and described as a consistent and substantial income stream, indicating operational profitability.
8. Significant site improvements included, such as a substantial workshop, hard‑stand open air storage, and access to a concrete boat ramp, supporting in‑house maintenance and operations.
9. Extensive plant and equipment included, reducing immediate capital expenditure for a purchaser.
10. Owner willing to provide all necessary training to the successful purchaser, facilitating a smooth transition and continuity of operations.