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Traralgon VIC 3844

  • Hotel / Leisure
  • 600 m²
  • For Sale, $299,000

Motel Traralgon

Motel Leasehold

This lovely 1960s motel set on 2.5acres on manicured lawns and gardens is situated on the Princes Hwy on the Melbourne edge of town ideally located to catch passing trade.

It has been maintained to a very high degree and some renovations to bathrooms are nearing completion at the time of this missive.

Other items of interest:

- 21 rooms

- Single storey.

- Built in 1960s of brick construction and in excellent condition

- Ample guest parking in front of room

- Town water and sewerage

- 40 seat restaurant and commercial kitchen not currently in use.

- 15 years of lease at approx an excellent 21% of T/O

Property Code: 1115

Property Highlights

Property ID2014917582
Floor Area600 m²
Land Area1.01 ha
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  1 Feb 2019
Map for Traralgon VIC 3844
Costa Real Estate
207 Warrigal Road Hughesdale VIC 3166

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