Horsham, Victoria

Leasehold $1.7M

Property Description

2478ML - THE MOTEL WITH THE CORPORATE HIGH GROUND - THAT'S CAPITAL!

  • 36 top presented rooms in the centre of Horsham in the centre of the Wimmera.
  • A guest restaurant pumping 200 covers on a 4-night corporate week.
  • One of the best corporate franchise brands in the market place.
  • Stacks of repeat clientele.

Horsham is that halfway point between Melbourne and Adelaide. It marks the place to return to for many of the corporates on our highway. Capital Horsham is achieving high sixties in percentage occupancy, year on year and is a well-maintained motel and consistent profit performer.

Net Profit $433,619 for 2015/16

Buyers are reminded that in Victoria there is no stamp duty on leaseholds, your lessor is responsible for land tax, compulsory market review is present at each option start, and rent can come down.

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

Property ID: 2478ML (quote when enquiring)

Location: Horsham, known as the capital of the Wimmera, with Green Lake as the gateway to the region provides a fantastic location for family recreational activity. Located on the banks of the Wimmera River it is a handy base to explore the region's nearby natural attractions. You will find art festivals, musical performances, a superb art gallery, excellent theatre along with major sporting events and family-friendly activities. The wider region offers scenic bushland, mountains and waterways. Wartook Valley, in the Grampians, and the Black Range State Park are a picturesque short drive away.

The Horsham Rural City is a progressive, engaged and rapidly developing municipality. Situated in the Melbourne - Adelaide corridor this major regional city boasts an entrepreneurial spirit with a strong vision for its long-term future through an innovative 'can do' attitude.

Whilst agriculture has long provided the backbone of the region's economy, retail trade, manufacturing, business and professional services, health and community services, education and tourism all contribute significantly to the Horsham Rural City's dynamic and diverse business mix.

Property Code: 2252

Property Summary

Motel Information

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

Marketing Agent

  • Reg Partington

  • 0407 412 479
  • 1300 512 566
  • send email

Marketing Agency

Tourism Brokers

Tourism Brokers

Tourism Brokers

Reg Partington
Tourism Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Horsham, Victoria 3400 Exact map location not provided

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