Leasehold $1,650,000

866ML - Immaculate, Prestigious and Magnificently Presented Motel Resort Style Property

Tourism Brokers are proud to be offering this Leasehold business for the discerning business person. This business of a lifetime is now available for the next astute Operator or Investor.  The current operator has worked tirelessly to improve the business and is ready to move on. This has given you the opportunity to capitalize on years of hard work.   

Madison Spa Resort has been an iconic landmark institution in Moama with a unique combination of style and taste that has kept it among the top resorts in the state.

Choose from 40 quality spa accommodation units, ranging from Deluxe to Executive and finally a Presidential Suite, together with Sen on Madison a superb Vietnamese Restaurant. A Roman style bathhouse with therapy and massage areas to cater for your every need and an outdoor lagoon style pool with 25 metre lap lane.

In addition there is a parcel of Freehold land on the southern boundary of the resort, suitable for the development of a future conference centre is included in this business at no extra sale price.

Net profit $536,709 for 2017/18

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

Property ID: 866ML (quote when enquiring)

Location: Murray Shire is located on the NSW/Victorian border at the closest point of the Murray River to Melbourne. This provides an area booming with tourism, industry, development and new residents. The Shire's main township is Moama and together with her Victorian neighbour Echuca, service a population of well over 20,000 people.  For the last 10 years, Murray Shire has consistently been recognised as one of the fastest growing Local Government Areas (LGA) in New South Wales.

Key industries include agriculture, accommodation and food services, manufacturing, construction and retail and health care. Tourism is strong as the area is a major destination for visitors (with over 600,000 overnight visitors per year).

Tourism & Events - The mighty Murray River, red gum forests, the Historic Port of Echuca, an abundance of supporting tourism product, major events and a wonderful climate ensures the destination is consistently popular with visitors.

Property Type business
Land Area m2 1.17 ha
Floor Area m2 1 m2

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Peter McHugh

0421 904 675
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