Business ID: XB------
Freehold Going Concern – Prime Mildura CBD Location – Zoned Commercial 1
Exclusively Presented by MEL Business Brokers Pty Ltd
This is a rare opportunity to acquire a well-established, high-demand rooming house in a prime location within prominent main street frontage in the heart of Mildura’s CBD.
With minimal operational oversight and secure long-term occupancy, this property is ideally suited for investors or owner-operators seeking a reliable, low-maintenance income stream. The majority of tenants are long-term workers, ensuring consistent rental income.
BUSINESS HIGHLIGHTS:
- Quality fit-out with high-grade plant & equipment
- New extension completed January 2025
- No internal housekeeping – tenants maintain their own rooms
- Minimal owner/manager involvement – approx. 5 hours per week
- 7 rooms accommodating 18 beds in total
- Shared amenities: 3 bathrooms, 3 toilets, 2 fully equipped communal kitchen, BBQ area
- Starlink Wi-Fi installed
- Separate storage room & unused portable office
- Dual access: Deakin Avenue frontage & rear service lane entry
- Fully gated & secured complex with 17 CCTV surveillance cameras
- Town water, Natural gas supply & 3 phase power
- Land size: 652 m²
- Ample on-street parking for tenants & visitors
Contact: Kamal Sharma – OIEC / Managing Director, MEL Business Brokers Pty Ltd
Phone: ---- --- --- Email: [email protected]
PRICE:
- Current Land & Building Valuation: (valuation report available upon request)
- Asking Price: $1,250,000 – exceptional value considering fit-out, plant & equipment, and business goodwill
Property Code: 4759
