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Shepparton VIC 3630

Shepparton VIC 3630

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, LEASEHOLD $2,490,000

PREMIUM BUYING HERE IN STRONG REGIONAL CITY - 1865ML

    - Number One rated motel in town as supported by TripAdvisor and Booking.com.

    - 25 beautifully refurbished ground floor rooms with 4 star self rating.

    - Brand new 30-year Lease with capped CPI.

    - Amazing 3-bedroom residence with a modern kitchen that other properties would be jealous of.

    - Just under 200 kms from Melbourne, strong corporate and event city.

    - Offers guests outdoor saltwater swimming pool, barbeque area and secure gated entry/exit.

    - Very attractive net profit with turnover increasing year on year, could be run under management.

    - High occupancy rate due to location and presentation of this immaculate motel.

    - Absolutely solid performer as the the best presented motel in the city.

    Net Profit: $534,020 for 2022/23 as advised by vendor

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

    Property ID: 1865ML (quote when enquiring)

    Property Code: 5017

    Property Highlights

    Floor Area1 m²
    Land Area3,072 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019407933
    Category
    Last updated  25 Aug 2024
    Map for Shepparton VIC 3630

    Property Highlights

    Floor Area1 m²
    Land Area3,072 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019407933
    Category
    Last updated  25 Aug 2024

    Listed by

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