Sale, Victoria

Leasehold $695,000

Property Description

1854ML - A 28 YEAR LEASE, A 30% RETURN AND EVEN A SEA CHANGE

- One of the busiest towns in Gippsland.

- Servicing military, oil rigs and the surrounding rural community.

- 30 well presented rooms.

- Trading as a 'B and B'.

- Room to target other markets.


The rural city of Sale plays host to the Air Force Base, that is currently in a $60 million upgrade and is taking on more of the training workload. It's also the servicing point for all the gas and oil rigs of Esso BHP that sit over the horizon in Bass Strait.

This motel is a favourite of the 'tradies' who bring their unique skills to the weekly workforce that invades Sale each Monday.

Net profit $211,281 for 2017 calendar year

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

Property ID: 1854ML (quote when enquiring)

Location: Located in the centre of Gippsland, Victoria approximately 260 kms east of Melbourne, Sale is the gateway to East Victoria, the Gippsland Lakes, 90 Mile Beach, mountains and many other exciting tourist destinations. Sale has a population of close to 14,250, projected to increase to over 14,000 by the year 2021. Part of the Wellington Shire, Sale has a diverse industry including agriculture, retail and professional services, and companies including the Esso (Longford Gas Plant), Nylex Plastics Factory and the East Sale RAAF base.

With its rich history, beautiful parks and lakes and wide variety of services, Sale is a great place to live. Residents have the freedom and relaxed atmosphere of the country, with all the convenience of a city. Being centrally located, Sale is the perfect base for tourists wishing to visit the many geographical and manmade destinations of Eastern Victoria.

The city has a major regional hospital, five major banks, eight service stations, seven pubs and nightclubs, many places to stay and three major supermarkets. Sale's main street has over 180 shops including all major banks, many alfresco dining cafes and food outlets as well as convenience stores and service providers. The Gippsland Centre shopping complex with major national and regional retailers is located adjacent to the street.

Property Code: 2604

Property Summary

Motel Information

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

Marketing Agent

Reg Partington

Marketing Agency

Tourism Brokers

Tourism Brokers

Tourism Brokers

Reg Partington
Tourism Brokers

Phone

Listing Tools

Property Map

Map Location ( get directions )

Sale, Victoria 3850 Exact map location not provided

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