Charlton VIC 3525
- Hotel / Leisure
- 1 m²
- For Sale, Leasehold $390,000
2495ML - A Palm Tree Paradise
- A unique Motel business is being offered to you.
- Clean low maintenance quest facilities.
- Plenty of room to left to improve.
- 12 units allow for a workable accommodation base.
- A proven performer with a stable trade.
- Ample size, 3 bedroom residence.
- Currently operated as a country lifestyle motel.
The Foundry Palms Motel has been a landmark in the Charlton township for many years. Clean facilities are the only standard. An aggressive maintenance program has been undertaken by the current operators. This motel business has room left to grow. If you enjoy the friendly country lifestyle where you are close to all town facilities, then look no further.
An inspection is the only way you will appreciate this Motel. Still plenty of improvement left for the serious operator. Call to arrange an inspection today.
Net profit $36,061 for 2016/17
Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2495ML (quote when enquiring)
Location: Charlton and the surrounding district has a population of approximately 1,200 residents comprising of a vibrant mix of families who have lived in Charlton for generations and newer residents who have moved to Charlton for employment, retirement or simply a change of pace.
The retail sector has changed dramatically over the years and with the increase in traffic through the town, the opportunity to attract tourists as well as service local community needs, is a prime motive for the local retailers. There is a terrific range of food outlets and gift and clothing stores as well as the necessary shops required for everyday needs including a newsagent, two banks, two supermarkets, a second hand store and a hardware store.
Property Code: 2354
|Floor Area||1 m²|
|Land Area||Ask Agent|
|Annual Return||Ask Agent|
|Last updated||1 Nov 2019|