10 Moodemere Street, Rutherglen, Victoria
Rutherglen Motor Inn, VIC - 1P0188
Freehold Going Concern $1,365,000 (Negotiable)
Business Description
EXCLUSIVE TO MHB
VIC Freehold Motel Opportunity!
Rare Freehold Motel in Tourism Hot Spot.
Presenting a genuine offering to the market, this well-presented freehold motel is set upon approx. 1 x hectare of GRZ1 land on the main street of the world-famous township of Rutherglen VIC.
Well-presented, the Rutherglen Motor Inn is a single level, solid brick motel featuring 15 x lettable rooms (+ 1 over-flow room), in-ground swimming pool, BBQ area, guest laundry, lounge/dining, commercial kitchen, internal corridor, double lock up garage, common room with Netflix, ample guest parking all set within spacious and well landscaped grounds.
As an added bonus, there is also a private, free standing, separate 3 x bedroom residence with carport, built in robes, lounge, kitchen/dining and bathroom with separate WC.
Enormous development potential STCA and/or continue with the current permanent accommodation model or revert to a traditional short stay motel model.
Popular with travellers and tourists who frequent the surrounding wineries and all the various attractions the region has to offer; Rutherglen has become quite the hub for hosting Weddings therefore increasing the demand for accommodation.
Key Features:
* Prominent main street location in a strong tourism region
* Currently operating on permanent passive accommodation model
* Private free-standing 3 x bedroom family residence
* In-ground swimming pool, BBQ area, guest laundry, commercial kitchen
* Recent refurbishments across the motel
* Easy to run with solid turnover from repeat clientele and seasonal workers
* Situated upon approx. 9,997m2 of General Residential Zoned land (GRZ1)
An exciting opportunity awaits an enthusiastic operator. Inspect with confidence.
Contact Dan McDonald at MHB direct on ---------- to discuss.
Business Summary
Other Features / Notes
EXCLUSIVE, Freehold, Motel, VIC - North EastKey Investment Insights
1. Rare freehold motel opportunity in a popular tourism hot spot.
2. Well-presented single level solid brick motel with 15 lettable rooms and additional overflow room.
3. Features include in-ground swimming pool, BBQ area, guest laundry, lounge/dining, commercial kitchen, and ample guest parking.
4. Private, free-standing 3-bedroom residence with carport, lounge, kitchen/dining, and bathroom.
5. Enormous development potential with potential for STCA or continue with current permanent accommodation model.
6. Located in a prominent main street location in a strong tourism region.
7. Currently operating on a permanent passive accommodation model.
8. Recent refurbishments have been made across the motel.
9. Easy to run with solid turnover from repeat clientele and seasonal workers.
10. Situated on approximately 9,997m2 of General Residential Zoned land (GRZ1).
11. Exciting opportunity for an enthusiastic operator.
12. Contact Dan McDonald at MHB for more information.
