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
Key Investment Insights
Key Insights:
1. Strong performer through and post Covid trading interruption.
2. 8 spacious ground floor stylishly decorated and modern rooms.
3. 16% (approx.) yield to the buyer.
4. Strong and continued growth with excellent profits.
5. Easy to run and operate with an ideal lifestyle balance.
6. Secure lease in place with main street frontage at the front of the Motel.
7. Built in 1997 with recent refurbishments.
8. Spacious 2 bedroom residence with lock up garage and private yard.
9. Ample guest parking.
10. Popular base for visitors to the surrounding wine regions.
11. Excellent location right in the heart of town, close to shops, eateries & cafes.
12. Situated on 1,004m2 of Commercial 1 Zoned land with established gardens.
13. Great lifestyle opportunity in one of Victoria's most beautiful settings.
14. Perfect opportunity for the work from home professional.
15. Contact Dan McDonald direct on ---------- to arrange an inspection.