Leongatha, Victoria

$395,000 Leasehold

Property Description

1913ML - And Melbournes Just a Stone's Throw Away

Just over a hill or two, and inside that important 90 minute range.
And Wilson's Prom almost on your doorstep.
An easy run motel with long lease and fair rent.
Up to 13 rooms with a lovely private residence and screened off yard.
Leongatha hosts Murray Goulburn Dairy and the recently upgraded hospital servicing South Gippsland.
Opal capitalises on the continual corporate visitation, and the Melbourne explorer at weekends. It's so close to the coast that some days you can smell the salt in the air!

It offers a very comfortable lifestyle for not much money.

Buyers are reminded that unlike other states, there is no stamp duty on leasehold purchases, the lessor is responsible for his own land tax, and compulsory rent reviews happen at the start of each term.

Net profit $113,042 for 2015/16

Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1913ML (quote when enquiring)

Property Code: 2308

Property Summary

Motel Information

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

Marketing Agent

  • Reg Partington

  • 0407 412 479
  • 1300 512 566
  • send email

Marketing Agency

Tourism Brokers

Tourism Brokers

Tourism Brokers

Reg Partington
Tourism Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Leongatha, Victoria 3953 Exact map location not provided

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