OUYEN VIC 3490
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- 26 Jul 2016
2426ML - Country Leasehold Property
- Located near the intersection, of the Calder and Mallee Highways.
- Central town location.
- 8 unit motel.
- 3 bedroom residence.
- Large property on two titles with room to improve.
- Returning a stable income.
- Tenant pays all outgoings.
- A steady performer run under lease.
- This motel caters for the budget conscious.
- Ready for a new beginning.
Net profit $26,312 for 2014/15
Contact Barry Bolwell from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2426ML (quote when enquiring)
Location: Ouyen VIC
Ouyen, with 1,500 people, is one of the largest towns of the Mallee area. The town is located at the intersection of the Mallee Highway (Adelaide-Sydney) and the Calder Highway (Melbourne-Mildura). It is 457 km north-west of Melbourne and 103 km south of Mildura.
The modern Ouyen is the commercial, transport and service centre for a vast area occupied by agricultural and pastoral properties. Enormous convoys of trucks line up at harvest time to ship the oats to Portland and the wheat to regional flour mills. The town's grain silos are a clear sign of its economic orientation. Ouyen has been identified as a future potential site for solar power systems.
Events: The Autumn Art Show is held in March or April and The Farmers Festival in November.
Property Code: 1792
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