Heywood, Victoria

Reduced Freehold $470,000

Property Description

2427MF - ONE OF THE CHEAPEST FREEHOLD GOING CONCERNS ON THE MARKET!

The motel has a high visibility from the Highway, but setback amongst the picturesque rose gardens on the service road along the Princes Highway just 20 minutes to Portland.

- Rare Freehold, Strong Trading History, Huge Opportunity for Growth.

- 16 spacious rooms.

- 2 bedroom manager’s residence, spacious lounge area and private retreat area for owners.

- Adjoining dining room with kitchen attached.

- Outside guests can enjoy a barbeque whilst enjoying the quiet surroundings.

- Games room and playground to keep families entertained.

- Room for secure bus and trailer parking.

- Storage sheds for the handyman.

- Additional area for expansion.

- Owner is willing to consider vendor finance.

Consistent trade with many repeat customers ranging from corporate clients, contractors and workers in the area, as well as the many tourists travelling through the region on the Princes Highway.

Net Profit: $77,053 for 2019/20

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2427MF (quote when enquiring)

Location: Heywood is one of those small country towns that you come across where everyone makes you feel welcome. It is set amidst rolling green hills in an agricultural, pastoral and timber cutting district. It is a small service centre on the Fitzroy River, and is 357 km west of Melbourne at the intersection of the Princes and Henty Highways.

Heywood is part of the Glenelg Shire which has an economic profile that reveals a diverse industry base with significant involvement in manufacturing, community and health services, tourism, education, transport and retail. Nestled in Victoria’s South West corner, the Glenelg Shire area is known as the Discovery Coast.

Property Code: 3287

Property Summary

Motel Information

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

Marketing Agent


Marketing Agency

Tourism Brokers

Andrew Cronin
Tourism Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Heywood, Victoria 3304 Exact map location not provided

Similar Properties

Motel LEASEHOLD - 30 year lease
Exclusive

KERANG
Motel LEASEHOLD - 30 year lease

$595,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Business Brokers Network Australia
50% ROI in a great Victorian Regional Centre | Resort Brokers ID : LH006257
Updated

HORSHAM
50% ROI in a great Victorian Regional...

$450,000
Net Income: $225,069
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

ResortBrokers
UNDER CONTRACT - VIC Freehold Motel in Stunning Alpine Region - 1P4490M
Exclusive

1 Eustace Street DARTMOUTH
UNDER CONTRACT - VIC Freehold Motel in...

FHGC $400,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers