Warragul, Victoria
2535ML – WARRAGUL CLOSER TO MELBOURNE THAN YOU THINK
SOLD
Business Description
- 22 immaculately prepared rooms
- Brilliant beds both Queen and King
- Four star quality
- 75% occupancy
- Very long lease, very fair rent.
What an exciting property this is - one for which you could think about selling the kids!
Not only a town supporting a very rich agricultural sector, but also the plethora of light industry at your doorstep.
A favourite of the government and corporate traveller. And the interstater looking for some peace before taking on Melbourne.
Excellent schools of all persuasions. An hour to Melbourne.
Net Profit: $325,061 for 2015/16
Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2535ML (quote when enquiring)
Location: Warragul is situated in West Gippsland, just over 100 kilometres south-east of Melbourne, and between Drouin and Yarragon. Warragul's large commercial centre stretches along the main thoroughfares of Victoria Street and Smith Street.
Warragul is home to some of Victoria's richest agricultural land as well as being a major supplier of milk for Melbourne. A number of festivals and events are centred around the town's agricultural and dairying industry, including Farm World and Harvest of Gippsland.
Property Code: 2720
Business Summary
Key Investment Insights
1. The business for sale is a 22-room accommodation property located in Warragul, Victoria.
2. The rooms are immaculately prepared and feature both Queen and King beds.
3. The property has a four-star quality rating.
4. The business has a high occupancy rate of 75%.
5. The lease for the property is long and the rent is fair.
6. Warragul is a town with a strong agricultural sector and a growing light industry.
7. The property is popular with government and corporate travelers, as well as interstate visitors seeking a peaceful location close to Melbourne.
8. The town has a variety of excellent schools and is only an hour's drive from Melbourne.
9. The business has a strong net profit of $325,061 for the 2015/16 financial year.
10. Interested buyers can contact Reg Partington and Annette Adams from Tourism Brokers for more information or to arrange an inspection.
11. The property is identified as 2535ML.
12. Warragul is located in West Gippsland, approximately 100km southeast of Melbourne.
13. The town is known for its rich agricultural land and is a major supplier of milk to Melbourne.
14. Warragul hosts several festivals and events focused on agriculture and dairying, including Farm World and Harvest of Gippsland.
15. The property is identified as Property Code: 2720.
