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Great Investment, Motel - freehold only

Business for Sale
Red Cliffs VIC

Motel Freehold Investor Opportunity. Excellent long term security and return. This Motel is situated in Red Cliffs Victoria 3496, which is in a part of beautiful country Victoria. Located 15 minu

Price $815,000

Great Investment, Motel - freehold only

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Motel Freehold Investor Opportunity.
Excellent long term security and return.
This Motel is situated in Red Cliffs Victoria 3496, which is in a part of beautiful country Victoria.
Located 15 minutes from Mildura, in the heart of the Sunraysian district right on the Calder Highway.
This Motel is the first, and only motel in town.
Absolutely no opposition.
This motel has 18 units with a 3 bedroom residence for the managing Vendors, an inground swimming pool and a fully sealed concrete parking area and driveway throughout.
A safe investment for the right person, beats having money in the bank for little return, or in a very risky stock market.
Present tenant has a 30 year lease, paying $65.000 per annum rent with yearly rental increases of CPI or Market.
Tenant also pays all council rates and building insurance for the property.
Price: $815.000
Exclusive authority so genuine enquiries only please.
For further details quote BSV 0807, and call Michael on 0400 645 133., or submit an enquiry.

Contact Seller

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Contact: Michael Keltie
Mobile: 0400645133

Bsale ID: 110446
Agent ID: 3344428




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