363 Allan Street, Kyabram, Victoria

Leasehold $395,000

Property Description

Easy to Operate 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 Steph Mannix at CRE Brokers on

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

Steph Mannix
CRE Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

363 Allan Street, Kyabram, Victoria 3620

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