Motel Near Shepparton - Ref: 19326
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!
Asking:$780,000
For more information about this listing, please contact the agent below:
Agent: George Chen
Mobile: 0423 684 399
Email: george@firstchoicebb.com.au
First Choice Business Brokers
Level 1, 532 Station Street, Box Hill
www.firstchoicebb.com.au
Phone: (03) 9899 1888
Fax: (03) 9899 4888