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Sold

YOUR CHANCE FOR A SEA CHANGE - 2801ML

SOLD

  • 15 beautifully presented rooms, with a range of queen, twin, spa and two-bedroom self-contained apartments.
  • Amazingly comfortable 3 bedroom residence with own kitchen.
  • Limited liquor licence - mini bar sales.
  • 2kms north of Warrnambool CBD, close to Northpoint shopping centre.
  • All rooms ground floor access.
  • Appealing outdoor swimming pool and barbeque area.
  • 18.5 years on lease.
  • Occupancy increasing due to several motels closing down for new retail shops and long term residents.

Ongoing improvements and upkeep with consistent turnover, this is a great opportunity to enter a great sought after lifestyle location.

 

Net Profit: $164,227 for 2022/23

 

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

Property ID: 2801ML (quote when enquiring)

Price SOLD
Location Warrnambool
Property ID 2801ML
Category Motel

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