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Bendigo VIC 3550
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Bendigo VIC 3550

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, LEASEHOLD $370,000

Here for a Good Time, Not a Long Time - 2861ML

    An excellent entry-level leasehold motel in Greater Bendigo is available for genuine sale. This 12-unit, easy-to-operate property features recently refurbished suites, diverse accommodation options, guest amenities (laundry, BBQ area, pool, playground), and ample parking. It includes a spacious 5-bedroom family residence with a private yard.

    Key highlights:

    - Strong financials: 40% buyer's yield and low rent at 16% of turnover.

    - Prime regional location in a tightly held market.

    - Significant rejuvenation over the last 12-18 months.

    - 11 remaining on lease - no further extension available (Subject to Landlord approval, and will not be accepted as a condition of sale).

    Net Profit: $156,725 for 2023/24

    Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

    Property ID: 2861ML (quote when enquiring)

    Property Code: 5109

    Tourism Brokers
    Tourism Brokers
    170 Scarborough St
    Southport, QLD 4215

    Property Highlights

    Floor Area1 m²
    Land Area3,312 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019759267
    Category
     Hotel, Motel, Pub & Leisure
    Last updated  30 Jan 2025
    Map for Bendigo VIC 3550
    The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
    Tourism Brokers
    Tourism Brokers
    170 Scarborough St
    Southport, QLD 4215

    Property Highlights

    Floor Area1 m²
    Land Area3,312 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019759267
    Category
     Hotel, Motel, Pub & Leisure
    Last updated  30 Jan 2025

    Listed by

    Andrew Cronin
    Andrew Cronin
    Tourism Brokers
    Call
    0433 091 971

    Enquire about this property

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              More about Bendigo VIC 3550

              Bendigo VIC 3550 is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1 m² and a land area of 3,312 m². The listing ID for this property is 2019759267.

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