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Seize The Opportunity In The Heart Of This Thriving Town - 1746mf For Sale

Echuca, Victoria, Australia
Asking Price:
REDUCED FREEHOLD $1,900,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- The mighty Murray River has never looked so good.

- With tourism about to hit its straps again, now is the time to get on board.

- With a population boom, industry and services increasing, the demand for new accommodation is near.

- Currently running as an 11 room motel with a two bedroom residence, it’s location lends itself to strong returns.

- Now with a current Approved Permit to build on this 1,235 m2 block in the main street of Echuca, all the paperwork has been done.

- 3 levels, 29 motel suites, reception, office, carparking and two retail shops, this will be Echuca’s most exciting development.

- Where a picture tells a thousand words, this could be yours.

- FREEHOLD MOTEL / DEVELOPMENT SITE

Net Profit: $147,589 for 2018/19

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1746MF (quote when enquiring)

Location: The Twin Towns of Echuca-Moama is located on the banks of the Mighty Murray River and are the closest point of the Murray to Melbourne – just a 2.5 hour drive. Murray Shire is located on the NSW/Victorian border at the closest point of the Murray River to Melbourne. This provides an area booming with tourism, industry, development and new residents. The Shire's main township is Moama and together with her Victorian neighbour Echuca, service a population of well over 20,000 people. For the last 10 years, Murray Shire has consistently been recognised as one of the fastest growing Local Government Areas (LGA) in New South Wales.

Property Code: 3942

Contact Tourism Brokers

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