51 Malfroy Road, Victoria

Ref: DR3718

Price By Negotiation

Features

See attached

Description

This quality 4-star thermal motel is situated in a prime corner location on the main street.
The motel features the following:
• 8 spacious motel units with a good mix of studio, two bedroom units and three bedroom unit
• All units are fully self-contained
• A genuine geothermal mineral soak pool for guests
• The motel owns its private thermal bore, which is very rare, most are shared with other properties.
• Business owners enjoy a comfortable, sufficient family friendly home comprising of 2 bedrooms. The home is quite private from the motel units. However, security cameras allow a wide overview of the motel site from the comfort of the living room.

Solid 25% return on investment with upside. 27 years remaining on lease, with lease renewal rights.
The motel would suit a couple and is a great business for someone new to the industry.

Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
Herman Wang
Herman Wang
Licensed Salesperson (REAA 2008)
Residential Specialist / Motel Sales & Leasing

Phone: 07 348 6770

Mobile: 021 153 6782

Contact

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Herman Wang