Tullamarine, Victoria

2621ML - ANOTHER SUCCESS STORY IN SPITE OF THE BUG!

LEASEHOLD $1,250,000

Property Description

Exclusive to Tourism Brokers

- Back to running over 85% occupancy.

- Up to 15 boutique rooms, most with a balcony or courtyard.

- Still close to the airport. Still close to the CBD.

- This property returns to the market with a loyal set of clients, a three-year trading history, and still a 30-year lease.

NOTE: To maximise inventory the house next door owned by the Lessor can be leased on a market friendly residential basis. The motel residence offers better value being in the room invesntory.

Contact Annette and Reg from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2621ML (quote when enquiring)

Location: Tullamarine is a suburb 17 km north-west of Melbourne's central business district. It is split between three local government areas - the cities of Brimbank, Hume and Moreland. Tullamarine's residential area is contained in a circular loop of the Moonee Ponds Creek, and its western boundary is the Melbourne Airport. Tullamarine contains the smaller residential area of Gladstone Park.

Property Code: 4160