1 Faithfull Street, BENALLA VIC 3672
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- 26 Oct 2016
Freehold Going Concern In Strong Victorian Town, 15% ROI | Resort Brokers ID : FH004221
Resort Brokers ID : FH004221
- 24 room bed and breakfast, freehold and business motel.
- Opportunity for development of further units/cabins.
- The motel is still in a growth phase with an opportunity to increase OCC and ARR.
- A solid 15% ROI with no immediate capital investment needed.
- Refurbishment completed over the last 12 months
- Good mix of corporate, leisure and walk in business.
- Benalla continues to grow with national and international events.
NB: Property inspections are by appointment only
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
1 Faithfull Street BENALLA