18 High Street, Yackandandah, Victoria

SOLD - Yackandandah Motor Inn, VIC - 1P0009

SOLD

Business Description

EXCLUSIVE TO MHB

One of a kind!

Superbly presented 8 room boutique Motel located within the centre of Yackandandah`s thriving economy.

With an abundance of eateries, wineries, and a booming cycling tourism revolution underway, this strongly performing accommodation business is sure to impress the discerning buyer.

Featuring:

* Outstanding performer through and post Covid trading interruption
* 8 spacious ground floor stylishly decorated and modern rooms
* 16% (approx.) yield to the buyer
* Strong and continued growth with excellent profits
* Easy to run and operate with an ideal lifestyle balance
* A secure lease in place with main street frontage at the front of the Motel
* Built in 1997 with recent refurbishments
* Spacious 2 bedroom residence with lock up garage and private yard
* Ample guest parking
* Popular base for visitors to the surrounding wine regions
* Excellent location right in the heart of town, close to shops, eateries & cafes
* Situated on 1,004m2 of Commercial 1 Zoned land with established gardens

Offering a great lifestyle in one of Victoria`s most beautiful settings within a very popular tourism destination this could also be the perfect opportunity for the work from home professional.

Contact Dan McDonald direct on ---------- to arrange your inspection of this fantastic property.

Business Summary