- Listing ID: 796535
Motel Leasehold In East Gippsland For Sale
- Location:
-
- Australia
- > Victoria
- > Gippsland Lakes
- > Gippsland Lakes
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- Type:
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Summary
- Asking price:
- $570,000 (Furniture / Fixtures included)
- Sales revenue:
- < $500k
- Cash flow:
- < $500k
- Employees:
- 3 Casuals plus owner
)
Business description
23 Ground floor units, comprising family rooms, spa rooms, twin share and queen doubles.
Within walking distance to hotels, clubs and shops and situated in a picturesque area with plenty of tourist facilities and only a few kilometres from iconic beaches.
Motel has a superb restaurant and commercial kitchen which is currently unused along with conference facilties.
Turning over in excess of $400,000 p.a. with growth potential and netting approximately $170,000 per annum
New Lease of 25 years with annual rent of $110,000
Asking $570,000
Property information
- Real Estate:
- Lease
- Lease terms:
- New 25 year Lease
- Leasehold rent:
- $110,000 per annum
- Living accommodation:
- Small 3 Bedroomed Owners/Managers residence
- Location:
- Country town in East Gippsland
Other information
- Trading hours:
- 7 days
- Inventory / Stock value:
- $2,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- > Gippsland Lakes
- > Gippsland Lakes
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