GOL GOL NSW 2738
Reduced $1,225,000 Freehold
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- 19 Oct 2016
573MF - The Mighty Murray River Provides the Ultimate Backdrop for this Property
- This Freehold and Business Motel is a must to inspect.
- 5 minutes from Mildura CBD.
- 20 x 4 Star units.
- Bed and Breakfast only.
- Located next to the majestic Murray River.
- Low Maintenance with complete refurbishment 2013.
- Exceptional lifestyle and easily operated.
- A dream to own and operate.
- Clean, comfortable two bedroom residence.
- Gross takings up by 30% on previous year and still improving
- It's one of the best properties available - Don't Miss It.
- Inspection by appointment only.
Tourism Brokers are proud of the effort undertaken to bring this property to the market. With a refurbishment program completed in 2013, this property has set the standard and now enjoys a loyal regular clientele. With business improving its time to move on, retirement has knocked and the operators have chosen that now is the time to move forward.
Net profit $130,238 estimated for 2015/16 (provided by owner)
Contact Barry Bolwell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 573MF (quote when enquiring)
Location: Gol Gol is a small town in the far western region of New South Wales, in the Wentworth Shire. It is situated on the banks of the Murray River, in the Sunraysia region. Increasingly, Gol Gol operates as a suburb of Mildura, being only 6 kilometres from this regional centre.
Mildura is a major regional city of some 60,000 people located near the north-western tip of the state and at the centre of an area known as 'Sunraysia'. The settlement is 560 km north-west of Melbourne and is flanked to the north by the Murray River.
Mildura has a reputation for stylish shopping in a picturesque setting. Mildura's central business district has more than 350 traders, including 300 specialty stores and its regular Sunday market is guaranteed to add a splash of colour to your shopping experience.
Within a short distance of Mildura's town centre, Centro Mildura is a large shopping complex that houses major retailers and supermarket chains. Shoppers are spoilt for choice at over 80 specialty stores including Fresh Life, Mildura's only dedicated fresh food precinct, a food court, more than 30 fashion stores, and shops selling accessories, home wares and electrical goods.
Property Code: 2037
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