Boutique Resort Management Rights in Eastern Victorian Tourist Area
Boutique Resort Management Rights in Eastern Victorian Tourist Area
Boutique Resort Management Rights in Eastern Victorian Tourist Area
Boutique Resort Management Rights in Eastern Victorian Tourist Area
Boutique Resort Management Rights in Eastern Victorian Tourist Area
Boutique Resort Management Rights in Eastern Victorian Tourist Area
Boutique Resort Management Rights in Eastern Victorian Tourist Area
Boutique Resort Management Rights in Eastern Victorian Tourist Area
Boutique Resort Management Rights in Eastern Victorian Tourist Area
Boutique Resort Management Rights in Eastern Victorian Tourist Area

Boutique Resort Management Rights in Eastern Victorian Tourist Area

$520,000

The acquisition of McMillans at Metung, in the Gippsland lakes region of eastern Victoria, offers a rare opportunity for a prospective purchaser to own the Management Rights and Caretaking of this well established and profitable property. The Management Rights consist of the letting of 20 villas and cottages. All of the units are in the letting pool and provide superb furnishings and equipment. No requirement for the Purchaser to neither purchase a unit nor live on site. Office/Reception provided by OC with exclusive use agreement.

Key Features

  • 20 quality One, Two, Three and four Bedroom Cottages and Three Bedroom Spa Villa Units
  • Recently refurbished, exceptional presentation
  • Quality finishes, furniture, appliances in pristine location
  • Caretaking agreement (Twelve years from June, 2017 with 1x 10 year option). Current Salary $59,133
  • All apartments in the letting pool
  • No requirement to purchase a unit nor live on site. No set office hours

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: MR004997
Property Type: Management Rights
Region: VIC - Gippsland
Suburb: Metung
Sale Type: Management Rights - All
Net Profit: $131,333
Price: $520,000

Listing Agent(s)

Agent Feedback

We have worked with Jim Chapman on two separate business sales for Quest Potts Point (NSW) and more recently Quest Beaumont Kew (VIC).  On both occasions we found both Jim and Resort Brokers extremely attentive & professional.  Jim was able to give us beneficial advice throughout the process and was a great support personally for both the purchaser and ourselves.  We highly recommend Resort Brokers.

- Steve and Liz Galea
Vendors,
Quest Beaumont Kew

First person Jim Chapman brought through the door bought out motel. Without someone with Jim’s knowledge of motels, I don’t think it would have happened so quickly. Jim acted in a professional manner and was able to negotiate a realistic selling price for us. Jim was able to ensure there was an easy transition between us and the new owners.

- Barry & Karren Chappel
Previous Vendors,
Clifton Motel

Damien, we cannot thank you enough for all your assistance helping us to sell the lease at Healesville Motor Inn. We know at times this was hard going but you stuck with it & us until we finally sold. Thank you also for keeping us up to date & always returning our calls or emails promptly. Your support during this time was invaluable & much appreciated.

- Barry & Shelly McMullen
Vendors,
Healesville Motor Inn