1-9 Main Street Cobram VIC 3644

EXCLUSIVE TO MHB

Attention Investors!

RARE Freehold Passive Investment Motel Opportunity.

Offering a strong performing 12 x unit motel in a fantastic central location within the vibrant regional Victorian township of Cobram in north-east Victoria.

Beautifully presented, the motel offers excellent returns within a sought-after central location in the heart of the local shopping precinct.

With much to offer, the motel features well-appointed rooms with a diverse range of accommodation options, inviting in ground salt-water swimming pool, relaxing outdoor BBQ area, new motel front façade and signage, beautifully landscaped gardens, ample guest parking plus a 2 bedroom manager`s residence.

A quality bathroom refurbishment with all 12 bathrooms renovated across the motel in conjunction with many other upgraded positions, this property is ripe for the taking for the savvy motel investor.

Key Features:

* A genuine offer to market at (approx.) 6% ROI
* Long lease with excellent tenant in place
* An excellent balance of corporate/tourist trade across the week
* Prominent location in vibrant area with diverse tourism, commercial &
agricultural industries
* Situated upon (approx.) 1,562m2 of Commercial 1 Zoned Land (CZ1)

An excellent opportunity exists here to enter into the tightly held passive investment accommodation market!

Contact Dan McDonald at MHB direct on 0437 838 368 for more information.