77 Wellington Street, Kerang, Victoria

Leasehold $320,000

Property Description

Kerang Motel - 1P4734M

EXCLUSIVE TO CRE BROKERS

Kerang Motel
KBar & Function Room

Excellent Leasehold Motel value.

Rated 9/10 by Booking.com for 3 years running.

Our vendors are motivated and have priced the business to sell!

Located right in the centre of town and within walking distance to all of Kerang`s amenities, this delightful Motel has much to offer the purchaser.

Featuring 10 beautifully presented and well-appointed suites with a diverse range of accommodation options, relaxing outdoor areas across the lovely big verandah in front of the rooms, good Motel signage, ample guest parking plus entrance via the rear of the Motel for larger vehicle access.

As an added bonus and additional income source, the Motel also offers onsite a fully licenced and well-equipped spacious function room and bar which has the ability to host up to 200 people plus a full commercial kitchen.

The KBar & Function Room offers the perfect venue to host weddings, birthday parties, reunions, anniversaries, training courses and corporate functions and is currently available to hire any day of the week for any event.

* A genuine offer to market with a 31% Buyers Yield
* Long lease with excellent terms
* Strong annual turnover
* Fully licenced function room and bar
* Under cover outdoor beer garden
* 20KW Solar System
* Full LED upgrade
* 70% Occupancy rate

A fantastic business and a must to consider.

Contact Ian McDonald at CRE Brokers today to arrange an inspection.

Property Summary

Motel Information

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

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:VIC - North

Marketing Agent


Marketing Agency

CRE Brokers

Ian McDonald
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

77 Wellington Street, Kerang, Victoria 3579

Similar Properties

Affordable Freehold Hotel Opportunity - 1P4337H
Exclusive

3100 Murray River Road GRANYA
Affordable Freehold Hotel Opportunity -...

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

CRE Brokers
Stunning Alpine Region Location - 1P4490M
Exclusive

43 Eustace Street DARTMOUTH
Stunning Alpine Region Location - 1P4490...

FHGC $470,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers