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Motel business for sale in Stawell

  • Motel
  • Stawell VIC 3380
  • $530,000 (GST na)

Freehold & Business Motel With An Outstanding ROI

Brilliant news for the town of Stawell with the local mine reopening on a long term lease, which has resulted in excellent patronage for the Diamond House and a massive increase in revenue for 2018/19'.
The Diamond House represents a perfect opportunity for someone to purchase an iconic motel and restaurant at a rarely seen ROI for a freehold and business motel. With strong demand, the owner has also drawn up plans to develop and add more accommodation units, the building permit application is currently awaiting council approval (Aug 19').
Currently featuring 10 rooms with traditional and modern comforts, a restaurant with a reputation for serving the best steaks in the area, a conference room with seating up to 60 people, a cosy 2 bedroom managers' residence.
With the long term future of the motel/restaurant and area looking bright, don't delay in contacting us today for further information on the property.

For further details email us via the enquiry form or phone:-
Office: 03 5762 2266
Broker: Tim Symes - 0498 998 115

Business Highlights

Business ID2015025254
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ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  20 Mar 2019
Map for Stawell VIC 3380Stawell VIC 3380
Tower Business & Real Estate
22 Bridge Street Benalla VIC 3672

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