2482ML - TUDOR WARRNAMBOOL FRESHENED UP AND LIVELY!
An iconic property of 23 well-presented recently made over rooms.An impressive trade nudging Melbourne CBD occupancy levels above 70%.Brand new 30 year lease, with fair rent.Position Perfect!
Tudor brings the enviable benefit of a well patronised property supporting a loyal clientele visiting for both corporate and domestic opportunities.
Buyers are reminded that in Victoria, there is no stamp duty on lease purchases, the lessor pays his own land tax, and at compulsory market review, rent can go down.
Net profit $272,461 for 2016 calendar year
Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2482ML (quote when enquiring)
Location: With a population of 34,000 and a catchment of 100,000 Warrnambool is the regional centre to Victoria's Great South Coast. It is located 263 km south west of Melbourne, a drive of approximately three hours. Travelling the Great Ocean Road to Warrnambool takes 5.5 hours. Warrnambool is also 655km from Adelaide in South Australia, an 8 hour drive.
Whilst agriculture - dairy, sheep and forestry - remain the mainstay of the regional economy, renewable energies are a key opportunity particularly in the emerging international carbon economies. The natural resources of wind, wave, gas and geothermal will position the Great South Coast as Victoria's alternative energy region. Adding value to primary produce is a prosperous manufacturing sector where butter, cheese, meat and seafood is made and exported.
There is also an expanding engineering focused manufacturing sector to support the bigger projects and developments of the Region. This activity has led to not just business growth and development but also innovation in responding to needs.
Property Code: 2327
Motel InformationRestaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -