Easy to operate strong performing VIC Leasehold Motel - 1P4911M
Kyabram Country Motel
Ready to go and perfect for the first time or experienced operator!
Motivated vendors have priced this beautifully presented Motel to sell.
With Kyabram's accommodation businesses currently booming due to the accommodation overflow from the increasing number of sporting and other events being held in the Shepparton region, this is an excellent opportunity to enter the accommodation industry for the owner/operator.
Well-presented 14 room Motel, located in the lovely Victorian country town of Kyabram has recently undergone renovations and improvements across its rooms and facilities. Offering a diverse range of well-appointed suites to suit the corporate traveller, tradespeople, families, grey nomads and passing tourists.
Also featuring a private relaxing BBQ and picnic area, new signage, fully equipped reception area, well-maintained grounds and a comfortable 3 bedroom family residence.
* Buyers Yield of approx. 30%
* Excellent Lease terms with rent at 20% of Turnover
* Long Lease to 2046
* Strong and continued growth across revenue & profitability
* 3 bedroom family residence
* Many improvements and renovations across rooms and facilities
* Ample guest parking
A must to inspect. Contact Ian McDonald at CRE Brokers on ----------
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:VIC - North