363 Allan Street, Kyabram, Victoria

Leasehold $385,000

Property Description

Easy to operate strong performing VIC Leasehold Motel - 1P4911M

Ky Country Roads Motor Inn, Kyabram VIC.

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 0408 217 734

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 )

363 Allan Street, Kyabram, Victoria 3620

Similar Properties

UNDER OFFER - Leasehold Motel in Popular Tourist Destination - 1P4995M
Exclusive

405-411 High Street ECHUCA
UNDER OFFER - Leasehold Motel in Popular...

Leasehold $350,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

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

HORSHAM
50% ROI in a great Victorian Regional...

$450,000
Net Income: $225,069
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

ResortBrokers

KERANG
2453ML - Country Opportunity with a Bright...

Reduced Leasehold $310,000 ONO + sav
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers

77 Wellington Street KERANG
Priced to sell - Very Tidy VIC Leasehold...

Leasehold - $310,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers
UNDER CONTRACT - VIC Freehold Motel in Stunning Alpine Region - 1P4490M
Exclusive

1 Eustace Street DARTMOUTH
UNDER CONTRACT - VIC Freehold Motel in...

FHGC $400,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

CRE Brokers
2308ML - A WHOPPING 84 % RETURN RIGHT IN THE CENTRE OF HALLS GAP
Updated

HALLS GAP
2308ML - A WHOPPING 84 % RETURN RIGHT IN...

Under Contract / Offer
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

Tourism Brokers