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Motel Near Shepparton - Ref: 19326 For Sale

Shepparton, Victoria, Australia
Asking Price:
On request
Sales Revenue:
$9,200 (AUD)
Cash Flow:
Available on request

Takings: $480,000 pa approx

• This motel is in the heart of the Goulburn Valley, near Shepparton
• Premises cover about 8 acres, with own pond, pool, huge picnic area
• On a long lease, with about 21 years remaining, and annual rent about $116,000 (with CPI increases)
• 26 rooms, in a quiet environment, with plenty of space, a good kitchen, liquor licenced and a 40-person conference room
• Occupancy rate is about 52%, leaving further room for improvement. This is your chance to act!

Call today to arrange inspection!

For more information about this listing, please contact the agent below:
Agent: George Chen
Mobile: ---- --- ---
Email: [email protected]

First Choice Business Brokers
Level 1, 532 Station Street, Box Hill
Phone: (03) ---- ----
Fax: (03) ---- ----

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