Motel in Melbourne's South East - Ref: 11010
Takings: $533,000 per annum approx
• This motel is on a high visibility main road in Melbourne’s South East
• The premises cover about an acre in size, and are on a long lease of 18 years, with annual rent of just $120,000 and only 4% annual increases
• The premises hold 16 standard rooms, 3 with a spa. The facilities are excellent
• The motel has 3 and a half stars, and high occupancy rate of 75-80%.
• The premises have a 25 seat conference room and commercial kitchen which is not currently being used, providing even greater potential here!
• The premises contain 3 bedrooms for the owner (plus an additional bedroom for a manager, if required).
Get in on this opportunity before it disappears!
For more information about this listing, please contact the agent below.
Agent: George Chen
Mobile: 0423 684 399
First Choice Business Brokers
Level 1, 532 Station Street, Box Hill
Phone: (03) 9899 1888
Fax: (03) 9899 4888