109-111 Belmore Street, Yarrawonga, Victoria

Amazing 30% return in Premier Murray River town

SOLD

Business Description

This extremely well presented 34 unit Leasehold Motel is centrally located in one of the Murray Rivers absolute premier tourist towns. Everything from pubs, clubs, restaurants, supermarkets and retail shops are literally on the doorstep of this multi faceted, multi award winning business. The current Vendors have set this Motel up with an eye to the future, and hence are selling with much opportunity for continual growth. Currently tracking to have one of the biggest years in the current owners 15 years in the Motel is evidence of the growth still on offer in the Motel. The Motel is currently being ran under management but would suit either owner operators or has the income to continue to operate as is.
What an opportunity to combine a Murray River lifestyle with an incredible 30% return that is continuing to grow.

Business Summary

Marketing Agent

Ricky Symes

0488723....

Tim Symes

0498998....

Tower Business & Realestate

Key Investment Insights

1. Prime location in a highly sought-after tourist town near the Murray River.
2. Well-presented and maintained 34 unit Leasehold Motel.
3. Located in close proximity to a variety of amenities such as pubs, clubs, restaurants, supermarkets, and retail shops.
4. Multi-faceted and multi-award winning business.
5. Potential for continual growth due to strategic set-up by current owners.
6. On track to have one of the biggest years in the current owners' 15 years of operation.
7. Currently being run under management, but suitable for owner-operators.
8. High return of 30% with potential for further increase.
9. Opportunity to combine a Murray River lifestyle with a successful business.
10. Evidence of growth potential in the Motel.