44 rooms motel business for sale in Melbourne CBD

Description

– exposure location on the main road. Near botanic garden, albert park, close to cafes, restaurant, Melbourne CBD fringe.

– 44 rooms + a restaurant with license, this is the perfect starter for a couple to get into the motel industry.

– 20 Parking Spaces

– Vendor has recently refurbished some rooms and painting premises

– An inspection will not disappoint.

– Leasehold Motel.

– a strong and consistent turnover and excellent bottom line

– Addback Net Profit $456,832 for 2020/21

Contact Lindsay Xie from Momentum&CO for further information or to arrange an inspection.

Property ID: 1103 (quote when enquiring)

Listing Ref 1103
Location 1103
Asking Price 1600000
Taking 15000
Sale Status Newly Listed
1

Contacts

lindsay xie