EXCLUSIVE TO MHB
Fantastic Entry Level Leasehold Motel.
MHB presents this excellent opportunity to acquire a profitable regional city leasehold motel business.
Well-presented throughout, the Warrina Motor Inn located in the thriving regional Victorian city of Wodonga, features 14 rooms offering diverse room configurations including deluxe twin, deluxe queen, standard twin, superior king and family options, disabled facilities, in-ground swimming pool, BBQ area, lovely garden areas, ample free parking for guests, pet friendly, guest laundry, fully licenced 92 seat restaurant (not trading) plus a 2 bedroom on-site residence.
Easy to run and with many recent refurbishments, this delightful motel has great development potential and is priced to meet the market.
Key Features:
* 14 motel suites with diverse room formatting
* 41% (approx.) Buyers Yield
* 15 years remaining on current lease
* Strong Riverina accommodation location
* Prominent main street location
* Fully licenced restaurant with 92 seat pax (not trading can be sub-leased)
* Repeat client trade
* 2 x bedroom residence
* Disabled facilities
* Very good 8.2 rating from Booking.com
* 2 x VIC Liquor Licences
* Huge growth potential
A wonderful opportunity exists for an enthusiastic operator to reap the rewards of this exciting business within a popular regional city location.
Contact Dan McDonald at MHB direct on 0437 838 368 to discuss all this property has to offer!
