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Motel business for sale in Corryong

  • Motel
  • Corryong VIC 3707
  • $450,000 (GST na)

Motel & Restaurant Business, Corryong

Circa 1880's this beautifully restored building houses the iconic Riley's Restaurant plus a circa 1980's 9 ground floor well- appointed motel rooms plus a private 3 bedroom residence. All conveniently located in quiet low maintenance grounds, and an easy walk to main street shops and schools. The restaurant, in particular, attracts local clients, corporate customers and travellers, and has ample parking. This is a genuine multi- income stream business in a very desirable location.
Corryong is a major regional centre about 120Km East of Albury Wodonga at the junction of the Murray Valley Highway and Alpine Way. Tourist pursuits include hang gliding, paragliding, cycling, bush walking, horse riding, rafting, rock climbing, 4WDing and fishing.
Asking $450,000 new 25 years Lease. $80,000 rental p.a. + GST + outgoings
or
Freehold & Business $1,750,000

Peter Campbell
Peter Campbell Real Estate
Peter Campbell
Peter Campbell Real Estate

Business Highlights

Business ID2017079305
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  17 Jun 2021
Map for Corryong VIC 3707
Map for Corryong VIC 3707Corryong VIC 3707
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Peter Campbell
Peter Campbell Real Estate
Peter Campbell
Peter Campbell Real Estate

Business Highlights

Business ID2017079305
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  17 Jun 2021
Peter Campbell Real Estate
47 Amaroo Street Wagga Wagga NSW 2650
Peter Campbell
Peter Campbell Real Estate
Peter Campbell
Peter Campbell Real Estate

Ask Peter Campbell about this business

Peter Campbell

Peter Campbell

Peter Campbell Real Estate

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