Motel in Major Regional City
Are you a family or young couple looking for an ideal first business? Are you an investor looking to add to your accommodation portfolio?
Well rated budget motel in Wodonga – Twin City Motor Inn.
• 32 rooms over two levels including six joined as family rooms. Each room has recently been refurbished with new flat screen TV, split system aircon, new bedding, fridge, toaster and kettle. Parking for each room outside the door.
• Managers residence is onsite and has 3 bedrooms, living room, single bathroom and small private yard.
• Common areas include salt water pool, BBQ and garden area.
• Motel is not aligned with any chain and is easily run under management.
Annual sales $450k + GST with over 63% occupancy. Fantastic 30% nett return.
Competitively priced at $480,000.