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
Key Investment Insights
1. The El Toro Motel is the only motel in the town of Numurkah, making it a highly sought after business opportunity.
2. The motel is conveniently located near the Goulburn Valley Highway and within walking distance to the main street of town.
3. The motel features 14 well-presented rooms, an in-ground heated swimming pool, BBQ area, and a 1 bedroom manager's residence.
4. The motel is situated on approximately 1,653m2 of Residential Zoned Land, providing potential for future development.
5. The motel has a strong annual return, making it a profitable business venture.
6. The location of the motel, directly opposite the town gardens and park, provides a picturesque setting for guests.
7. The town of Numurkah is a popular tourist destination, providing potential for increased activity and revenue.
8. The close-knit community and popular location make this a desirable business opportunity for an enthusiastic operator.
9. The motel is in close proximity to major industries, providing potential for increased business from corporate clients.
10. The El Toro Motel is a charming property with a perfect main street position, adding to its appeal for potential buyers.
