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VIC

VIC

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • For Sale, FREEHOLD $6,000,000

A Cracking Freehold Motel With Huge Potential - 2168MF

    - A 34 room ground floor motel in the heart of the Gippslands.

    - Sitting on 5,277 m2, a development dream.

    - Main street frontage with rear access.

    - Can be split into Restaurant and 12 rooms, leaving 22 rooms, breakfast / dining area and residence (STCA).

    Ready to take it to the next step?

    - Create a website (never had one)

    - Increase tariffs (not done in years - cheapest motel in town)

    - Accept bus trade enquiries (not currently taking them)

    - Create lease with extra rent from restaurant (minimum $50,000 per annum)

    These are just a few examples of where your entrepeneur mindset can take you to boost this motel in to the next millenium. Enquire now for more information.

    Net Profit: $575,706 for 2023/24 (as provided by vendor)

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

    Property ID: 2168MF (quote when enquiring)

    Property Code: 5064

    Tourism Brokers
    Tourism Brokers
    170 Scarborough St
    Southport, QLD 4215

    Property Highlights

    Floor Area1 m²
    Land Area5,277 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019579961
    Category
    Last updated  22 Oct 2024
    Map for VIC
    Tourism Brokers
    Tourism Brokers
    170 Scarborough St
    Southport, QLD 4215

    Property Highlights

    Floor Area1 m²
    Land Area5,277 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Property ID2019579961
    Category
    Last updated  22 Oct 2024

    Listed by

    More about VIC

    VIC is categorized as Hotel, Motel, Pub & Leisure Property. It has a floor area of 1 m² and a land area of 5,277 m². The listing ID for this property is 2019579961.

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