MILDURA VIC 3500
Reduced $2,050,000 Freehold
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- 21 Mar 2017
2430MF - Established Freehold Motel near the heart of the Mildura CBD
- Central Location within Mildura
- Main roadway access
- Large 31 room Motel complex with room to move
- Large allotment 4,040 sqm2
- Established Restaurant and Licensed Bar seating 70
- Conference facilities for 25
- Well appointed rooms in a variety of configurations
- Spacious pool enclosure
- 3 bedroom ample residence.
A sensational opportunity to purchase this freehold and business within Mildura. This property is ready for a new life and is available for you now.
Operate the property as it is or take it to the next level. A long established trading history makes this business an opportunity not to be missed.
Inspection by appointment only.
Net profit $302,300 estimated for 2014/15
Contact Barry Bolwell from Tourism Brokers to for further information or to arrange an inspection.
Property ID: 2430MF (quote when enquiring)
Location: Mildura VIC
Mildura is a major regional city of some 60,000 people located near the north-western tip of the state and at the centre of an area known as 'Sunraysia'. The settlement is 560 km north-west of Melbourne and is flanked to the north by the Murray River.
Mildura has a reputation for stylish shopping in a picturesque setting. Mildura's central business district has more than 350 traders, including 300 specialty stores and its regular Sunday market is guaranteed to add a splash of colour to your shopping experience. Within a short distance of Mildura's town centre, Centro Mildura is a large shopping complex that houses major retailers and supermarket chains. Shoppers are spoilt for choice at over 80 specialty stores including Fresh Life, Mildura's only dedicated fresh food precinct, a food court, more than 30 fashion stores, and shops selling accessories, home wares and electrical goods.
The streets of Mildura provide a clue as to the economic basis of the area, having names like Orange, Lemon, Lime, Valencia, Avocado, Cherry, Muscat, Vineyard, Olive and Walnut. The district supplies 80 % of Australia's dried fruit, 15 % of its citrus fruit, 85 % of the state's winemaking grapes and it possesses the second and third largest packing companies in the world.
Mildura is also a riverside resort, drawing hundreds of thousands of visitors each year. In this regard it is literally an oasis in the desert and its paddle steamers, lush golf course and other attractions are a welcome site after many kilometres of consistently dry brown terrain and wheat fields.
Property Code: 1729
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information