142-146 Melville Street, Numurkah, Victoria

SOLD - El Toro Motel, Numurkah VIC - 1P0068

SOLD

Business Description

Only Motel in Town!

MHB are proud to offer to market the Freehold Going Concern Business of the El Toro Motel, Numurkah.

Situated in the Sun Country in northern Victoria and located immediately opposite the town gardens with beautiful views overlooking gorgeous rose gardens and the town park, this charming motel is also conveniently situated only a few kms from the Goulburn Valley Highway and within walking distance to the main street of town.

Comprising of 14 well-presented Motel rooms, relaxing in-ground heated swimming pool, BBQ area plus a 1 bedroom manager's residence located on ground level next to Reception.

This Motel offers an outstanding opportunity as it is the only Motel in a busy, popular country town.

There is also excellent prospect for increased activity with investment to nearby major industries.

Key features:

* Perfect main street position directly opposite rose gardens and town park
* Within walking distance to shops, hotels & restaurants
* 14 well-appointed Motel rooms
* Strong annual returns
* Situated on approx. 1,653m2 of Residential Zoned Land

This is a terrific opportunity for an enthusiastic operator to reap the rewards within a close knit community and popular location.

Contact Ian McDonald at MHB to arrange an inspection of this charming property.

Business Summary

Marketing Agent

Ian McDonald

McDonald Hospitality Brokers (MHB)

Key Investment Insights

AI generated. Confirm details with the seller.

1. The El Toro Motel is the only motel in the town of Numurkah, providing a unique opportunity for a new owner.
2. The motel is located in a prime position, directly opposite the town gardens and within walking distance to the main street.
3. The property includes 14 well-presented motel rooms, an in-ground heated swimming pool, and a 1 bedroom manager's residence.
4. The motel has strong annual returns, making it a profitable business.
5. The property is situated on approximately 1,653m2 of residential zoned land, providing potential for future development.
6. The location of the motel offers excellent potential for increased activity with investment in nearby major industries.
7. The close-knit community and popular location make this a desirable opportunity for an enthusiastic operator.
8. The property offers a charming and relaxing atmosphere for guests, with beautiful views of the town park and rose gardens.
9. The motel is conveniently located near the Goulburn Valley Highway, making it easily accessible for travelers.
10. The business is being sold as a freehold going concern, providing the new owner with both the business and property.