45-47 McIvor Road, Bendigo, Victoria

Leasehold $560,000

Property Description

The McIvor Motor Inn - 1P4309M

VIC Leasehold Motel For Sale

Long Lease In Central Bendigo.
Well presented leasehold Motel property with a blue chip location in the heart of Bendigo, the largest regional city in Victoria.
This charming Motel is prominently situated upon the main thoroughfare of town and features 20 ground floor suites with single, queen, twin, deluxe and family accommodation options, in ground swimming pool, BBQ area, ample guest parking, commercial kitchen and a 1 bedroom studio residence with lounge.
Included is the added bonus of a large conference /function room (Lotus Convention Centre) set within the Motel complex which caters up to 50 for seminars, conferences and training.
With a 32 year Lease and 20 Motel rooms on offer this is a wonderful opportunity not to be missed.
An inspection is highly recommended!
Highlights

• Profitable business with an excellent 25% Buyers Yield
• Consistent performer
• Long Lease in place
• Excellent rent and Lease terms
• Diverse room formatting and refurbishment across 5 rooms
• Large function / conference room facilities
• Easy to run
• Liquor Licence

Contact Dan McDonald at CRE Brokers to arrange an inspection of this fabulous Motel

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:VIC - North

Marketing Agent


Marketing Agency

CRE Brokers

Dan McDonald
CRE Brokers

Phone

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Map Location ( get directions )

45-47 McIvor Road, Bendigo, Victoria 3550

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