Freehold Going Concern - Two Motels
Freehold Going Concern - Two Motels
Freehold Going Concern - Two Motels
Freehold Going Concern - Two Motels
Freehold Going Concern - Two Motels
Freehold Going Concern - Two Motels
Freehold Going Concern - Two Motels
Freehold Going Concern - Two Motels

Freehold Going Concern - Two Motels

$3,350,000Under Offer

This is a sensational opportunity to secure a large freehold going concern in the strong Gippsland town of Sale. The motel is on two titles and although run as one could be separated into two motels - one could be upgraded to a 4 star property. This is just one idea for this versatile opportunity.

Key Features

  • Largest motel in town
  • Two titles, two separate motels (opposite side of the road)
  • Strong motel town, 200km east of Melbourne
  • Very stable income over many years.
  • Nicely presented motel that could easily be upgraded to improve investment return
  • Solid 14.5% return on investment
  • Excellent opportunity to sell off a lease.
  • Inspection a must for serious freehold buyers

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: FH004263
Property Type: Motel
Region: VIC - Gippsland
Suburb: Sale
Sale Type: Freehold Going Concern
Price: $3,350,000

Location

Listing Agent(s)