Search Business

Commercial, For Sale, Business, Accommodation Tourism, Mildura, Victoria

EMAIL TO A FRIEND
Mildura VIC
Sold

Over 1 million in turnover, Motel freehold & business for sale.

This outstanding motel has been operated successfully by husband and wife for 16 years and as they are now in their late seventies and health is catching up its time for someone younger to take over the helm.  A top business to buy for people wanting to prosper, located in a very busy tourist town, and positioned in the best spot in Mildura.  The motel consists of 31 ground level units plus a 70 seat licensed restaurant and a 22 seat conference room. A full bitumen drive from front to back plus a salt water inground swimming pool as well as a 3 bedroom residence with balcony views from the front and back of motel. Motel takings are in excess of 1 million dollars per annum with $600.000 occupancy takings and $400.000 restaurant takings. Bookings are constant all year round.  Mildura is the heart of the Sun

This outstanding motel has been operated successfully by husband and wife for 16 years and as they are now in their late seventies and health is catching up its time for someone younger to take over the helm.

 A top business to buy for people wanting to prosper, located in a very busy tourist town, and positioned in the best spot in Mildura. 

The motel consists of 31 ground level units plus a 70 seat licensed restaurant and a 22 seat conference room. A full bitumen drive from front to back plus a salt water inground swimming pool as well as a 3 bedroom residence with balcony views from the front and back of motel. Motel takings are in excess of 1 million dollars per annum with $600.000 occupancy takings and $400.000 restaurant takings. Bookings are constant all year round.

 Mildura is the heart of the Sunraysian district and has the beautiful Murray River running through as well as the wineries and all the citrus orchards .olive groves and almond plantations , it also has all the facilities families will need such as schools, hospital,transport and sport facilities, as well as a big shopping centre. 

PRICE; $2.575.000 Negotiable Bank finance available to approved purchaser.

Inspection by appointment only.

 

Confidentiality Agreement must be signed before initial inspection or any information given out. Call or email now 

For further details  submit an enquiry NOW !! 

Property Detail

Property ID:

15928

Type:

Commercial

240
Address:

Mildura VIC

Contact The Owner

This property was sold
WARNING TO REAL ESTATE AGENTS

This form is for genuine enquiries only.

 

Any attempt to solicit business will be in breach of the Spam and Privacy act, where you are “Soliciting business from online information produced for another intended purpose.”

 

All such violations will be reported to ACMA.