Nirebo Motel with Long Lease & 42 Rooms in the Heart of Echuca
Nirebo Motel with Long Lease & 42 Rooms in the Heart of Echuca
Nirebo Motel with Long Lease & 42 Rooms in the Heart of Echuca
Nirebo Motel with Long Lease & 42 Rooms in the Heart of Echuca
Nirebo Motel with Long Lease & 42 Rooms in the Heart of Echuca
Nirebo Motel with Long Lease & 42 Rooms in the Heart of Echuca
Nirebo Motel with Long Lease & 42 Rooms in the Heart of Echuca
Nirebo Motel with Long Lease & 42 Rooms in the Heart of Echuca
Nirebo Motel with Long Lease & 42 Rooms in the Heart of Echuca
Nirebo Motel with Long Lease & 42 Rooms in the Heart of Echuca

Nirebo Motel with Long Lease & 42 Rooms in the Heart of Echuca

$1,000,000 Exclusive

An exceptional motel in the heart of Echuca with a long lease of 22 years remaining and hosting 42 rooms (great mix) with all the necessary facilities of pool and spa. Large storage areas, a large basement that can be turned into a games room/conference/corporate lounge.

Key Features

  • Consistent year on year growth
  • Opportunity for further growth through restaurant events or alternatively opportunity to sublease the restaurant
  • Spacious & modern living accommodation with four bedrooms, with an additional manager’s residence of two bedrooms
  • A great mix of 42 rooms and all well presented
  • Long lease terms of 22 years remaining

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: LH005246
Property Type: Motel
Region: VIC - North
Suburb: Echuca
Sale Type: Leasehold
Net Profit: $339,813
Price: $1,000,000

Listing Agent(s)