Accommodation & Tourism business for sale in Melbourne
- Accommodation & Tourism
- Melbourne VIC 3000
- $1,900,000 (GST na)
Excellent investment for golfing enthusiast with great returns
Excellent opportunity for an astute golfer to invest in a long-term genuine opportunity with a long 20-year lease.
About the Business
Impressive Motel located in the heart of renowned Murray Golfing haven on border on NSW & VIC, this property is only 2.5Hrs drive from Melbourne.
40 Room Motel property built on about 4 Acres of prime position land featuring a heated swimming pool & tennis court. There are also 2 Manager residences on site with 4 bedrooms in each house.
This motel has been well maintained on a large block of land, perfectly positioned only minutes from the Murray river, local shops, restaurants.
Securely leased until 2040 with current rental at $143,000 PA inc GST.
7.5% (approx.) Return on Investment
Allbiz Deal Room
T: 1800 858 696
For more details go to https://allbizsales.com/au and complete our online confidentiality agreement. Use the reference ID NSW09416 to search for the business.
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.
So much work goes into buying a business, so why not let Valiant do the heavy lifting on helping you getting you the finance you need.
Valiant’s digital quoting tool will assess your eligibility and compare products from over 80 lenders, all in a few minutes!