Omeo, Victoria

1867MI - Grab a piece of High Country History

SOLD

Business Description

Here is a great opportunity to own a piece of the Victorian High Country history. This historic building located in the main street of this country town located at the foot of Mount Hotham and is leased out by the lessee of the motel units and the front office by the local real estate agent. There are four motel units on the rear of the block which is beautifully shaded with natural trees. The block is made up of five separate titles. Rent on office and motel is cpi increased and there is the ability to incorporate the residence lease into the motel lease to ensure continuity of residence and motel leasehold together.

Net profit available on request

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1867MI

Property Code: 70

Business Summary

Marketing Agent
Michael Philpott
Michael Philpott

Key Investment Insights

AI generated. Confirm details with the seller.

1. Opportunity to own a piece of Victorian High Country history
2. Historic building located in the main street of a country town
3. Located at the foot of Mount Hotham
4. Leased out by the lessee of the motel units and front office
5. Four motel units on the rear of the block
6. Beautifully shaded with natural trees
7. Made up of five separate titles
8. Rent on office and motel is CPI increased
9. Ability to incorporate residence lease into motel lease
10. Ensures continuity of residence and motel leasehold together
11. Net profit available on request
12. Contact Michael Philpott from Tourism Brokers for further information or inspection
13. Property ID: 1867MI
14. Property Code: 70
Listing location
Gallery

This Business is sold

Listing Tools

Management Rights

STAY UP TO DATE

Receive new listing alerts

Sign up

Industry news from AccomProperties

Similar Bed & Breakfasts, Motels, Resorts For Sale

You may also like

FREEHOLD - Devenish Railway Hotel VIC - 1P0552
McDonald Hospitality Brokers (MHB)
FREEHOLD - Devenish Railway Hotel VIC -...

24 Main Street DEVENISH

Freehold Going Concern - $550,000

Restaurant Facilities: -
Liquor Licence: -
Restaurant: -

Palm Cove Paradise at an affordable Price
FREEHOLD GOING CONCERN – ESTABLISHED BOUTIQUE MOTEL IN YEPPOON
Absolute Beachfront Lifestyle Business – The Shores, Mackay
A FANTASTIC FREEHOLD HOTEL & MOTEL OPPORTUNITY! - 157HF
Simple Duties with Spacious, Quality 2 Bed Residence - ID 9245
Dargo Motor Inn. Freehold & Business.
Freehold Motel & Caravan Park Delivering Exceptional Return With 83% Growth | Resort Brokers ID : FH009388
RARE SHORT-TERM FOCUSSED OFF-THE-PLAN MANAGEMENT RIGHTS IN BURLEIGH HEADS | RB ID : OTP009438
A Port Douglas Original – Genuine, Welcoming and Distinctively Different
A Coastal Management Rights Opportunity in Mooloolaba Circa 30% R01
Secure 22-Year Freehold Investment backed by long-term secure lease. | Resort Brokers ID : INV009412
Off The Plan Business-Only in inner-city fringe with projected $177k+ Net profit | RB ID : OTP009406
EXCEPTIONAL LIFESTYLE WITH A SIMPLE COMMUNITY BASED COUNTRY PUB IN THE MIDDLE OF TOWN - 52HF
GOLDEN OPPORTUNITY, THRIVING LEASEHOLD MOTEL FOR SALE IN PRIME LOCATION - 1033ML
FREEHOLD GOING CONCERN MOTEL WESTERN QLD
OUTSTANDING OFF THE PLAN MIXED-USE MANAGEMENT RIGHTS - $1.6M+ PROJ. NET PROFIT | Resort Brokers ID : OTP009440
Whitsundays Management Rights, $314,779 Net Profit, 20 Years Security | Resort Brokers ID : MR009437
Long-Term Income Security – Established Management Rights | 18.6% ROI