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Hotel Motel Near Templestowe (Newly Renovated, Main Road!...

ELTHAM VIC, 3095

For Sale

Property for Sale in ELTHAM VIC, 3095

Listing ID:
11341983
Status:
Active
For:
Sale
Price:
Sale: $13,200,000
Last Updated:
15/08/2019
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Property Type

Hotel/Leisure/Hotel/Leisure/Land/Development
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Land Area

100 SQM
Icon size

Floor Area

1000 SQM
Icon parking

Parking

N/A

Hotel Motel Near Templestowe (Newly Renovated, Main Road!)- Ref: 10026


Takings: $110,000-$120,000 pmonth approx

•  Newly renovated motel/ hotel total has 40 rooms with many car parks
•  Current owner made massive investment in renovating the motel, now very attractive/modern
•  The motel has had massive improvement in occupancy rate from below 30% in past to now over 65% ! Fantastic occupancy.
•  This motel also has 5 function rooms with restaurant
•  The business and freehold to be sold together

Asking $13,200,000 (includes Business and Freehold!)

For more information about this listing, please contact the agent below.

Agent: Linda Chu
Mobile: 0424 651 098
Email: linda@firstchoicebb.com.au



First Choice Business Brokers
Level 1, 532 Station Street, Box Hill
www.firstchoicebb.com.au
Phone: (03) 9899 1888
Fax: (03) 9899 4888

For more details, please email agent

First Choice Business Brokers

Suite 7a, 532 Station Street, Box Hill, VIC 3128


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