Sold
Motel · Mildura · LH007667
This 26-room leasehold motel is perfect for owner-operators, with a spacious 2-bedroom residence and 22 years remaining on the lease, this simple operation business is the ideal lifestyle choice in this sunny riverside city.
Buy a home and get an income, this perfect motel is now ready for new owners
This 26-room leasehold motel is perfect for owner-operators, with a spacious 2-bedroom residence and 22 years remaining on the lease, this simple operation business is the ideal lifestyle choice in this sunny riverside city.
- Net profit
- $363K
- Asking $950,000 WIWO
- Status
- Sold
The business at a glance.
- Spacious fully furnished 2 bedroom residence attached to the reception
- Strong repeat clientele
- Simple operation, no restaurant
- Buy a home and get an income, perfect for owner operators
- Great location walking distance to shops, cafes, restaurants, and the river
- 22 year lease remaining
- Ongoing replacements and refurbishments undertaken
- 16.6KW Solar system
- Option for additional revenue by including the upstairs 3 bedroom residence as room stock
- Inspections by appointment only
The asset, the manager unit, the location.
Mildura, VIC
Mildura, VIC
Talk to the broker.
Ask about similar properties
Kelli Crouch
Senior Specialist Accommodation Broker, South Australia & Northern Territory
0410 441 750
08 8356 5057
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