Wangaratta, Victoria

A well performing business at an amazing price

SOLD

Business Description

Looking to buy yourself a great lifestyle and income for the next 5 years? This well presented Leasehold Motel may only have 5 years to run on the lease, but is priced to ensure that a would be buyer can afford to buy, live well and prosper. Although not on the table now, there may be an opportunity to extend the lease further in the future, which would make this an even better buy. The Motel has been operated by the current Vendors for a whopping 31 years and has been fantastic to them. Located in the heart of Wangaratta, one of North East Victoria's most vibrant cities, the Motel is ideally positioned close to parks, cafes, restaurants and shopping. Boasting 14 well appointed units and in the Budget chain, this is an easy to manage Motel, ideal for first time or experienced operators looking to buy themselves an excellent income. You wont get an opportunity to buy such a well performing Motel at this sort of price again, be quick and contact our listing agent today to discuss.

For further details email us via the enquiry form or phone:-
Office: ----------
Broker: Tim Symes - ----------

Business Summary

Marketing Agent
Tim Symes
Tim Symes

Tower Business & Realestate

Tower Business & Realestate

Key Investment Insights

AI generated. Confirm details with the seller.

1. Well presented Leasehold Motel with 5 years remaining on lease
2. Priced to ensure affordability for potential buyer
3. Opportunity to extend lease in the future
4. Current owners have operated the business for 31 years
5. Located in the heart of Wangaratta, a vibrant city in North East Victoria
6. Close proximity to parks, cafes, restaurants, and shopping
7. 14 well-appointed units in the Budget chain
8. Easy to manage and ideal for first-time or experienced operators
9. Excellent income potential
10. Rare opportunity to purchase a well-performing Motel at a discounted price
11. Quick action recommended to secure this opportunity
12. Contact the listing agent for further details and to discuss.
Listing location

This Business is sold

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Management Rights

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