65-67 Wyndham Street, Shepparton, Victoria
Premier Accommodation Business for Sale
For Sale by Private Treaty
Business Description
HTL Property, acting as exclusive agency, is pleased to offer for sale in one-line the leasehold interest in Wyndhamere Motel, 65 and 67 Maude Street, Shepparton.
Key Investment Highlights:
- Rare opportunity to secure leasehold interest in 3 properties operating in one-line under ‘Wyndhamere Motel’
- Comprising 46-keys including King Spa Rooms, Serviced Apartments and Standard rooms
- Central CBD location; positioned upon the main arterial road (Numurkah Road)
- Currently operated by 1834 Hotels; vacant possession attainable
- Amenities include fully-equipped restaurant, 3-bedroom managers residence, conference room, swimming pool and guest laundry
- Well-established economy which generated over $4.6 billion in GRP (2023)
- Goulburn Valley Health Services over 120,000 people and employs over 2,600
- Conveniently located within a days drive to Melbourne, Canberra and Sydney
- Popular stopover for commercial drivers, interstate travellers and tourists; mainline rail services from Melbourne direct to Shepparton and domestic airport
For further information regarding this sale, please reach out to the exclusive agent.
Business Summary
Key Investment Insights
1. Rare opportunity to acquire a leasehold interest in three properties operating as one under the "Wyndhamere Motel" brand.
2. 46-keys including a variety of room types to cater to different needs and preferences.
3. Prime location in the central business district of Shepparton, with easy access to the main arterial road.
4. Currently operated by 1834 Hotels, but vacant possession is attainable.
5. Wide range of amenities including a fully-equipped restaurant, conference room, swimming pool, and guest laundry.
6. Strong and well-established economy in the Goulburn Valley region, with over $4.6 billion generated in GRP in 2023.
7. Close proximity to Goulburn Valley Health Services, a major employer in the area.
8. Conveniently located within a day's drive to major cities such as Melbourne, Canberra, and Sydney.
9. Popular stopover for commercial drivers, interstate travelers, and tourists.
10. Direct mainline rail services from Melbourne to Shepparton, as well as a domestic airport.
11. Opportunity for potential growth and development in the region.
12. Exclusive agent handling the sale, ensuring a smooth and efficient transaction process.