Swan Hill, Victoria

A GREAT SIZE MOTEL WHERE NUMBER OF ROOMS IS KING - 2667ML

SOLD

Business Description

- Over 3 acres of land, or 12,900 m2, or 1.29 ha.

- Offering 45 ground floor motel rooms plus 4 bedroom residence, with an almost 100 kw solar system installed, this is an ideal investment.

- On the Murray Valley Highway, only 1.5 km from the Post Office, this motel is very popular with repeat guests, bus groups (with Dining room available onsite) and tradesman with large vehicles.

- An undercover barbeque area is conveniently located in spacious lawn areas for family/friends gathering.

- Very reasonable rent provides a solid profit to the new owner.

Net Profit: $192,646 for 2022/23 (as provided by vendor)

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

Property ID: 2667ML (quote when enquiring)

Property Code: 4724

Business Summary

Marketing Agent
Andrew Cronin
Andrew Cronin

Key Investment Insights

1. The motel has a large number of rooms (45) and is situated on over 3 acres of land, making it a desirable investment opportunity.
2. The property also includes a 4 bedroom residence and a 100 kw solar system, adding to its value and potential for profitability.
3. Located on the Murray Valley Highway and only 1.5 km from the Post Office, the motel is in a convenient and popular location for guests.
4. The motel is popular with repeat guests, bus groups, and tradesmen, providing a steady stream of income for the new owner.
5. The property features an undercover barbecue area and spacious lawn areas, making it suitable for family and group gatherings.
6. The reasonable rent for the property allows for a solid profit for the new owner.
7. The projected net profit for 2022/23 is $192,646, as provided by the vendor, indicating a potential for high returns on investment.
8. Interested parties can contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
9. The property has a unique ID (2667ML) for easy reference when enquiring.
10. This listing is under Property Code 4724.
Listing location

This Business is sold

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