Essendon, Victoria

Leasehold $2,000,000

Property Description

2548ML - A SMALL FORTUNE WAITS JUST A TRAM RIDE FROM THE CITY

- 40 motel rooms and five apartments (on separate lease)

- Right on the tram line to the city.

- A favourite of the budget conscious domestic and corporate traveller.

- Boasting occupancies up to 70 %

Alexanders offer all markets an affordable 3.5 star 'away from home' experience in an area saturated in industry running from Melbourne Airport through to the city steps.

And there's an excellent weekend trade of those drawn to Melbourne for the plethora of cultural and sporting events the city is renowned for.

Net Profit $420,000 for 2016/17

Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2548ML (quote when enquiring)

Location: Essendon is a suburb of Melbourne, 9km north-west of the CBD and remains one of the north-west's most coveted addresses to land. Seen as an Eden - amid the surrounding industrial likes of Flemington, Brunswick and Footscray - in the early 1900's, Essendon retains a good amount of that period charm

Family-friendly, with good public and private schooling. Trams, trains and bike paths providing easy access to the CBD as well as a healthy smattering of recreational facilities give people little excuse to move. The locals are spoilt for choice when it comes to cafes and restaurants with a great selection. There are many shopping strips with lovely little boutique stores, cafes etc. With its family friendly vibe, abundance of parks and recreational activities, it certainly makes Essendon an attractive area to raise a family and also for those seeking a safe environment to live in.

Property Code: 2882

Property Summary

Motel Information

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

Marketing Agent

Reg Partington

Marketing Agency

Tourism Brokers

Reg Partington
Tourism Brokers

Phone

Listing Tools

This listing last updated: 18th September 2018

Property Map

Map Location ( get directions )

Essendon, Victoria 3040 Exact map location not provided

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