Property Description
Quality VIC Leasehold Motel with Strong Returns For Sale - 1P4655M
All the hard work has been done. Just walk in to this little beauty!
Offering an excellent (approx.) 33.8% buyers yield to the purchaser, the Regency Court Motel is a strong performing 12 unit business that ticks all the boxes.
A member of the Golden Chain Motel group this beautifully presented Motel offers excellent returns and a sought after central location in the heart of the shopping precinct.
So much on offer here, the Motel features 12 well-appointed rooms with a diverse range of accommodation options, in ground swimming pool, relaxing outdoor BBQ area, a 2 bedroom manager / owner residence, new Motel front façade and signage, beautifully landscaped gardens and ample guest parking.
* 33.8% (approx.) Buyers Yield
* Long lease with excellent terms and a landlord that invests in the building
* Quality bathroom refurbishment of all 12 rooms completed in 2019/2020
* An excellent balance of corporate/tourist trade across the week
Ideal for the owner/operator. A great business and a real must to consider.
Property Summary
Motel Information
Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:VIC - North