Reduced Leasehold $299,000

1453ML - An Excellent Leasehold Motel with Huge 64% Return

  • Excellent Income, with great net profit.
  • Brand new 35 year lease.
  • Modern brick veneer motel.
  • One of the best residences with space and comfort to suit a family.
  • Endless possibilities with dual income and separate community room with plenty of space for recreation or to utilise the new kitchen facilities.
  • 5 vehicles included in the sale.
  • Centrally located with hotels and eateries within walking distance.
  • Consistent trade and income with high occupancy for extended periods.
  • All rooms have been updated with modern decor.

Net Profit $192,823 for 2018/19

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1453ML (quote when enquiring)

Location: Wentworth is located at the meeting places of the Murray and Darling rivers in far south-western New South Wales.  Wentworth Shire is a region of great diversity and it offers you the opportunity to experience an introduction to Outback Australia.  It is also a good staging point for tours of Mungo National Park.

Tourism is strong within the Mildura/Wentworth region. Each year there are more than 300,000 visitors to the junction of Australia's two greatest rivers. The quality of Club and sporting facilities is a reflection of the contribution the tourist makes.

Events: Murray River International Music Festival is an annual event providing a dynamic program of performances in the Mildura region.
Property Type business

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Andrew Cronin

0433 091 971
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