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1-4/246 Walnut Avenue
Mildura VIC 3500
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1-4/246 Walnut Avenue Mildura VIC 3500

  • Hotel, Motel, Pub & Leisure
  • 698 m²
  • For Sale, $1,100,000 - $1,200,000

PRIME REAL ESTATE & BUSINESS OPPORTUNITY IN THRIVING REGIONAL CITY

    246 Walnut Avenue consists of 2 x 1-bedroom and 2 x 2-bedroom units, all spacious and filled with natural light and onsite parking for 6 cars.. The property is centrally located with uninterrupted views of Syd Mills Park and close proximity to the bustling city. Both the building and the apartments are in fantastic condition, ensuring a seamless transition for the new owner.
    Healthy Income, Growth Potential and Lifestyle:
    The complex has shown an average gross income of $165,080 per year over the past 3 years. This solid performance makes it ideal for a local investor to drive the business to greater heights or, like the current owner, operate it remotely part-time with outstanding returns. With plenty of room for growth, this rare opportunity is perfect for someone looking to invest in a thriving business and secure a marvellous property freehold.
    Sold as a going concern, the sale includes all plant, equipment.
    Current website, website listing, and training can be provided should the buyer or company require making it a turnkey operation.
    This opportunity is perfect for anyone ready to say goodbye to the traditional 9-5 workday and run their own business.

    Prime Location and Condition:
    Centrally situated with uninterrupted views of Syd Mills Park and close proximity to the vibrant city centre, this complex is not only strategically positioned but also impeccably maintained. Both the building and the apartments are in fantastic condition with low maintenance ensuring a seamless transition for the new owner into a thriving investment.

    Financial Performance and Potential:
    Over the past 3 years, the complex has demonstrated an average gross income of $165,080 annually. This financial stability, combined with significant opportunities for growth, makes it an ideal venture for local investors seeking to enhance returns or manage the property remotely for passive income.

    Comprehensive Sale Package:
    Sold as a going concern, the sale includes all plant and equipment necessary for operations. Optional training, website, and current listings can be provided to facilitate a turnkey transition, allowing the new owner to capitalise on existing success and expand further.

    Ideal for Lifestyle and Investment:
    Perfect for those ready to embrace a lifestyle change, this opportunity liberates from the traditional 9-5 routine, offering autonomy and potential for substantial financial rewards. Private inspections are available, with comprehensive information memorandum and Vendor Statement accessible upon request.

    Act Now

    Don't miss out on this rare chance to invest in a thriving business and secure a remarkable property freehold. Contact us today to arrange a private appointment and take the first step towards a prosperous investment and lifestyle transformation.

    Tierney Real Estate
    Tierney Real Estate
    25 Madden Avenue
    Mildura, VIC 3500

    Property Highlights

    Floor AreaAsk Agent
    Land Area698 m²
    ParkingAsk Agent
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019358666
    Category
    Last updated  11 Jul 2024
    Map for 1-4/246 Walnut Avenue Mildura VIC 3500
    Tierney Real Estate
    Tierney Real Estate
    25 Madden Avenue
    Mildura, VIC 3500

    Property Highlights

    Floor AreaAsk Agent
    Land Area698 m²
    ParkingAsk Agent
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019358666
    Category
    Last updated  11 Jul 2024

    Listed by

    Ryan Tierney
    Tierney Real Estate
    Call
    0400 503 052

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