Motel for sale on VIC Eastern Suburb ref 1089

Description

The motel is a genuine 3.5 star rated property, and one of the best-presented motels currently for sale on VIC Eastern Suburb. less than 15 km from the city Centre. Public transport is less than a 10-minute walk away and Melbourne City Centre is a 20-minute train ride.

beautifully maintained by current owners ensures an incredibly strong occupancy of 80% in this 25 rooms motel. Is now your chance to cash in on an outstanding property that is perfectly positioned to make the most of pending mining. 

  • High return on investment
  • 25 keys + cafe/restaurant
  • Consistent year-on-year growth
  • Low in rent only pay around $150,000 p.a.
  • High occupancy rate approximate 80% (Pre Covide)

For more details, please email the broker or call agents.

Listing Ref 1089
Asking Price 950000
Taking 900000
Sale Status Newly Listed
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Contacts

Lindsay Xie