Freehold Going Concern In Strong Victorian Town, 15% ROI
Freehold Going Concern In Strong Victorian Town, 15% ROI
Freehold Going Concern In Strong Victorian Town, 15% ROI
Freehold Going Concern In Strong Victorian Town, 15% ROI
Freehold Going Concern In Strong Victorian Town, 15% ROI
Freehold Going Concern In Strong Victorian Town, 15% ROI
Freehold Going Concern In Strong Victorian Town, 15% ROI
Freehold Going Concern In Strong Victorian Town, 15% ROI

Freehold Going Concern In Strong Victorian Town, 15% ROI

$1,695,000Under Offer

The Rose City Motor Inn is located in Benalla, North East Victoria, two hours from Melbourne. The 24 room motel has had significant refurbishment works completed over the past 12 months. Benalla properties are very tightly held, don't miss this opportunity.

Key Features

  • 24 room bed and breakfast, freehold and business motel. 
  • Opportunity for development of further units/cabins.
  • The motel is still in a growth phase with an opportunity to increase OCC and ARR.
  • A solid 15% ROI with no immediate capital investment needed. 
  • Refurbishment completed over the last 12 months
  • Good mix of corporate, leisure and walk in business.
  • Benalla continues to grow with national and international events.

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: FH004221
Property Type: Motel
Region: VIC - North East
Suburb: Benalla
Sale Type: Freehold Going Concern
Net Profit: $250,240 Projected
Price: $1,695,000

Listing Agent(s)