The motel is a genuine 3.5 star rated property, and one of the best-presented motels currently for sale on VIC Eastern Suburb. less than 15 km from the city Centre. Public transport is less than a 10-minute walk away and Melbourne City Centre is a 20-minute train ride.
beautifully maintained by current owners ensures an incredibly strong occupancy of 80% in this 25 rooms motel. Is now your chance to cash in on an outstanding property that is perfectly positioned to make the most of pending mining.
- High return on investment
- 25 keys + cafe/restaurant
- Consistent year-on-year growth
- Low in rent only pay around $150,000 p.a.
- High occupancy rate approximate 80% (Pre Covide)
For more details, please email the broker or call agents.