4 STAR MOTEL FOR SALE - GOULBURN VALLEY WINE REGION - VICTORIA

$8,100,000

Description: Premier accommodation venue. 1km to town centre and railway station and across the road from Victorian major river, the Goulburn River. Fantastic walking tracks and great river access.

Star Standard: 4 Star

Turnover: 2023/24 $1,311,613; 2022/23 $1,276,748

Construction: Besser brick - all internals plastered. Excellent condition. Recent upgrades and new roof

Interior Description: Recently upgraded - in great condition. Large spacious rooms

No. of Rooms: 26

Age: Motel 1975 / Apartments 2017

Land Area: 9,355m2 (approximately)

Room for expansion: Yes - large parcel of land

Clientele: Tourists or corporate guests

Average Room Rate: 23/24 $171.30

Chain Affiliation: N/A

Restaurant: N/A

Motel Laundry: Yes

Guest Laundry: Yes

Occupancy: 2023/24 79.3%

Services: Room Service; Full Air-conditioning & Heating; rooms have microwave oven, tea and coffee making facilities, apartments are fully self-contained; pool with poolside bar; barbecue and outdoor area; garden; wi-fi; guest laundry; on-site parking; fire rated

Residence: Large Managers Residence with three bedrooms, own kitchen, loungeroom, and private yard

Comment: Large motor inn of excellent quality. Beautifully presented. Delightful country setting and heaps of land for further expansion.

MQ Property ID:
1P2858

  • Suburb  
  • Region Shepparton & Central North
  • Property Type Accommodation/Tourism
  • Status For Sale
  • Property ID 1P2858