Horsham, Victoria

$450,000

Property Description

50% ROI in a great Victorian Regional Centre | Resort Brokers ID : LH006257

Currently returning 53% ROI, the Majestic Motel provides a great opportunity for new owners to take it to the next level.



  • Brand new 20 year lease

  • Located on the main road as you enter Horsham

  • Consistent year on year growth with opportunity for further growth

  • Outstanding return in of 50%

  • 71 seat licensed restaurant

  • 21 motel rooms ranging from a double through to family rooms and a two bedroom unit

  • Good size residence

  • Heated Indoor swimming pool

  • BBQ Area

  • Undercover car parking

  • Property inspections are by appointment only

Date updated: 22 Sep 2020 23:00:06

Property Summary

Business Snapshot

Price: $450,000 Net Profit: $225,069

Motel Information

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

Marketing Agent


Marketing Agency

ResortBrokers

Damon Lunardello
ResortBrokers

Phone

Listing Tools

This listing last updated: 22nd September 2020

Property Map

Map Location ( get directions )

Horsham, Victoria 3400 Exact map location not provided

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