Rainbow, Victoria

THERE REALLY IS A POT OF GOLD AT THE BOTTOM OF THE RAINBOW - 2653ML

LEASEHOLD $499,000

Business Description

- Are you looking for that pot of gold?

- A country town that has a big heart and a relaxed lifestyle.

- Located approximately 400 kms North West of Melbourne and just over an hour from Horsham.

- The only motel in town with 10 ground floor rooms, with new paint and all mod cons.

- Indoor swimming pool, barbeque area and huge back yard for truck parking.

- Lots of shedding and storage space.

- The only motel for 40 kms radius.

- New microbrewery being built in town.

- Plenty of sporting facilities and healthcare facilities.

Net Profit: $110,234 for 2022/23

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2653ML (quote when enquiring)

Location: Rainbow is located in the southern Mallee district of Victoria, approximately 400km north west of Melbourne. Situated in a rich agricultural landscape, right on the edge of the Big Desert and its vast Mallee wilderness areas, Rainbow is the perfect base to explore the beautiful Wyperfeld National Park as well as nearby Lake Hindmarsh and Lake Albacutya.

Property Code: 4764

Business Summary

Marketing Agent
Andrew Cronin
Andrew Cronin

Key Investment Insights

1. The business is located in a country town with a relaxed lifestyle and a strong sense of community.
2. The town is situated approximately 400 kms North West of Melbourne and just over an hour from Horsham.
3. The business is the only motel in town and has 10 ground floor rooms with modern amenities.
4. The property features an indoor swimming pool, barbeque area, and a large backyard for truck parking.
5. There is plenty of storage and shedding space on the property.
6. The business has a competitive advantage as the only motel within a 40 km radius.
7. A new microbrewery is being built in town, potentially attracting more visitors and customers to the area.
8. The town has a range of sporting facilities and healthcare facilities, providing potential business opportunities for the motel.
9. The projected net profit for the next financial year is $110,234.
10. Interested buyers can contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
11. The property has a unique identification code, 2653ML, for easy reference.
12. The location of the business, Rainbow, offers opportunities for outdoor activities and exploration of nearby national parks and lakes.
13. The business is listed under property code 4764.
Listing location

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