Long Lease in CBD of Bendigo Victoria
Long Lease in CBD of Bendigo Victoria
Long Lease in CBD of Bendigo Victoria

Long Lease in CBD of Bendigo Victoria

$650,000Price Reduced

Outstanding opportunity to secure a motel in the heart of Bendigo. Long lease of 22 years hosting 14 rooms and a large manager’s residence of three bedrooms. Suitable to owner/operators to further grow this business as currently under management and has an opportunity to improve profits.

Key Features

  • Great long lease of 22 years remaining
  • Opportunity for further growth with an owner/operator living on site
  • Well-presented 14 rooms with family, twin and queen size rooms
  • Pool and BBQ facilities
  • Large 3 bedroom manager’s residence with 2 living areas, dining, kitchen and private garden with office/reception sectioned off
  • Excellent location to the end of the Central Business District of Bendigo with amenities in walking distance
  • Repeat clientele of large organisation’s, trades and sales representatives

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH005040
Property Type: Motel
Region: VIC - North
Suburb: Bendigo
Sale Type: Leasehold
Net Profit: $180,039
Price: $650,000

Listing Agent(s)