MILDURA VIC 3500
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- 27 Sep 2016
2460ML - A Rare Leasehold Opportunity Not to Be Missed
- Easy lifestyle for a couple with a profitable business operation.
- Located in the magnificent Murray River City of Mildura.
- A short walk to the adjoining Murray River precinct and Mildura CBD.
- Ground floor units for easy operation.
- 11 well maintained motel units.
- Offering an 18 lease, this business still has plenty the potential to grow.
The award winning 7th Street Motel is currently rated number 3 on TripAdvisor and awarded several "Certificates of Excellence" the latest being in 2016. The motel is amongst one the top accommodation businesses in Mildura.
11 motel rooms for easy operation in a low maintenance format. A rare business opportunity not to be missed.
A perfect location on Seventh Street, Mildura only a short distance off the main highways to Melbourne, Broken Hill and Adelaide.
The occupancy is above average and this business is highly recommended. Call to arrange an inspection.
Net profit $112,430 for 2015/16
Contact Barry Bolwell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2460ML (quote when enquiring)
Location: 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.
Mildura is also a riverside resort, drawing hundreds of thousands of visitors each year. In this regard it is literally an oasis in the desert and its paddle steamers, lush golf course and other attractions are a welcome site after many kilometres of consistently dry brown terrain and wheat fields.
Property Code: 2108
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