166 Melbourne Road, Wodonga, Victoria
Leasehold $395,000
Property Description
Twin City Motor Inn - 1P4289M
EXCLUSIVE TO CRE BROKERSVIC Leasehold Motel For Sale
30 Year Lease and very profitable. Make an Offer!
Well presented and maintained 29 room Budget accommodation Motel with refurbishments across the past 18 months in preparation for a new Lease for the right tenant.
Priced to sell at a Buyers Yield of 34.5% with the space to negotiate on Lease terms.
Highlights:
* 3 bedroom private residence
* Excellent location just off the Hume Highway
* Swimming pool, BBQ area, good signage
* Close to local shopping, cafes, restaurants and bars
* Upstairs and downstairs rooms
* Ample off-street parking with truck parking available
* Turnover in excess of $410,000 in 2017/2018
If you are looking for a large Leasehold Motel in a dynamic regional centre then this is the one!
Contact Dan McDonald at CRE Brokers and inspect today!
Property Summary
Motel Information
Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:VIC - North East
Listing Tools
This listing last updated: 11th December 2018
Property Map
Map Location ( get directions )
166 Melbourne Road, Wodonga, Victoria 3690