145 Deakin Avenue, Mildura, Victoria

Price Reduction - $397,500

Property Description

Amazingly priced Motel at just over 2 times net profit

One of the key ingredients when looking to buy a Motel is that you are centrally located close to town amenities. This well presented Leasehold Motel is exactly that, being walking distance to retails shops, major clubs and anything else that your clients may require. This Motel has been with the current Vendors for 5 years, and they have seen the income grow each year in this time. The current Vendors have done a wonderful job improving the look of this Motel, but it is what you don't see that makes all the difference. They have replaced every bed in the Motel and have completely revamped their website on top of multiple other projects they have completed in their time. The Motel also has a function room that seats 70 and a full liquor licence which allow new owners to target large groups or perhaps cater for conferences and corporate groups. The sky is the limit with this one, it is just a matter of building on the hard work that has already been done for you.

For further details email us via the enquiry form or phone:-
Office: 03 5762 2266
Broker: Ricky Symes - 0488 723 644

Property Summary

Motel Information

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

Marketing Agent


Marketing Agency

Tower Business & Realestate

Tower Business & Realestate

Tower Business & Realestate

Ricky Symes
Tower Business & Realestate

Phone

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Map Location ( get directions )

145 Deakin Avenue, Mildura, Victoria 3500

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