Over 1 million in turnover, Motel freehold & business for sale.

SOLD

Mildura VIC 3500

Accommodation/Tourism

BUSINESS FOR SALE

Phone enquiries - please quote property ID 15928

This outstanding motel has been operated successfully by husband and wife for 16 years and as they are now in their late seventies and health is catching up its time for someone younger to take over the helm.

A top business to buy for people wanting to prosper, located in a very busy tourist town, and positioned in the best spot in Mildura.

The motel consists of 31 ground level units plus a 70 seat licensed restaurant and a 22 seat conference room. A full bitumen drive from front to back plus a salt water inground swimming pool as well as a 3 bedroom residence with balcony views from the front and back of motel. Motel takings are in excess of 1 million dollars per annum with $600.000 occupancy takings and $400.000 restaurant takings. Bookings are constant all year round.

Mildura is the heart of the Sunraysian district and has the beautiful Murray River running through as well as the wineries and all the citrus orchards .olive groves and almond plantations , it also has all the facilities families will need such as schools, hospital,transport and sport facilities, as well as a big shopping centre.

PRICE; $2.575.000 Negotiable Bank finance available to approved purchaser.

Inspection by appointment only.



Confidentiality Agreement must be signed before initial inspection or any information given out. Call or email now

For further details submit an enquiry NOW !!

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