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162 Perricoota Road Moama NSW 2731

  • Hotel, Motel, Pub & Leisure
  • 5.2 ha
  • For Sale, $1,150,000 (GST na)

A Rare Lifestyle & Business Opportunity Awaits You!

Presenting a fantastic opportunity on the banks of the Mighty Murray River, in the busy tourism centre of Moama, is the Management Right opportunity to the Murray River Resort.

Situated on an expansive 13 acre property with beautifully maintained lawns and gardens, you find a business opportunity that rarely becomes available. The Murray River Resort comprises 40 two & three bedroom cottages, 38 of which are leased on a regular basis by the resort managers. There are two types of management agreements in place, 21 units have a 5 year agreement while 19 have an open agreement with no end date specified.
Facilities included on the grounds are 3 solar heated salt water pools, all with shade sails, 5 undercover Bar-B-Que areas with tables & seating all around, two tennis courts & two children's playgrounds.

The managers residence is a hardiplank construction, 4 bedroom, 2 bathroom home with a large, open plan kitchen, living & meals area. The home also comprises a reception & office area for resort use. Car parking & storage are taken care of with the presence of a single car carport as well as a large 8m x 12m shed which is used as storage for cleaning supplies.

New 6 year care taking agreement which was signed in July of 2018 consists of a 4 year contract as well as an extension of 2 year with a salary of $112,512 per anum. Managers residence & sheds - asking $550,000
Business netting $170,955 with a business price of $600,000

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Property Highlights

Property ID2015219378
Floor AreaAsk Agent
Land Area5.2 ha
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  26 Mar 2020
Map for 162 Perricoota Road Moama NSW 2731
Map for 162 Perricoota Road Moama NSW 2731162 Perricoota Road Moama NSW 2731
Century 21 Rich River Real Estate
128 Hare Street Echuca VIC 3564

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