MOTEL LEASEHOLD FOR SALE - VICTORIAN HIGH COUNTRY
$1,195,000 Firm
Description: Located in one of Victoria's most beautiful regional towns - 500m from town centre - attracting visitors all year round. Current owner has started refurbishing a number of rooms to showcase what can be done. Set on large parcel of land. There is opportunity to reinvest in the gardens and the motel to further enhance the experience and drive this property's occupancy and rate.
Lease Term: 22 Years with 17 Years Remaining (Owner will add 5 years)
Construction: Brick construction with tiled roof. 32 units. High vaulted ceilings with timber beams.
Star Standard: 3 Star
Land Area: 4 Acres
Residence: 3 Bedrooms, 2 bathrooms, full kitchen and living room
Tariffs: Deluxe Queen Room $138-$216; Deluxe Twin Room $148-$226; Family Room $148 - $226; Spa Suite $148-$226
Chain Affiliation: N/A
Services: Licenced Restaurant (not currently trading); conference facility for 100 persons; air-conditioned; cooking facilities; parking; pool; barbecue; playground; large grounds; wi-fi; motel kitchen.
MQ Property ID:
1P2782
- Suburb  
- Region North Eastern
- Property Type Accommodation/Tourism
- Status For Sale
- Property ID 1P2782