Reduced Leasehold $450,000

2522ML - This Golden Oldie has a new 30 year lease Available

  • 29 rooms of which 24 have been refurbished.
  • New carpets, new televisions and new beds.
  • Good location on Old Hume Highway.
  • Large block with plenty of parking and good grassed areas with large shady trees.

Great location, substantial 29 room motel and a 3 bedroom residence are just some of the features of this business located on Melbourne Road at Wodonga.

In addition to the 3 bedroom residence there is also a double colorbond garage, swimming pool, guest laundry and grassed outdoor entertaining area with barbeque facilities, tables and chairs.

A new 30 year lease completes this must see property for an astute purchaser.

Net profit $157,256 for 12 months

Contact Peter Gay from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2522ML (quote when enquiring)

Location: The Wodonga region is known for its distinctive natural beauty, with the majestic Murray River winding its way through mountains to the east and fertile river plains to the west. Wodonga sits at the centre of the Sydney-Melbourne-Adelaide triangle, where 75% of all Australians live.

Wodonga has a bustling economy, world-class medical and health services, a vibrant cultural and artistic scene, sporting facilities to rival those of the capital cities and seemingly endless leisure and recreation options.

Wodonga is ideally situated on the Murray River with surrounding hills, rich agricultural valleys, adjacent wineries and historic towns. It is one of the most vibrant regional cities in VIC. It's location on the main transport corridor that links Australia's major cities makes national and international markets highly accessible.

Property Type business
Land Area m2 4,635 m2
Floor Area m2 1 m2

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Peter Gay

0433 339 230
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