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Motel Lease In Rutherglen For Sale

Rutherglen, Victoria
Asking Price:
$179,000 (AUD)
Sales Revenue:
$190,000 (AUD)
Cash Flow:
$50K - $100K (AUD)

Easy to run single storey 12 guest room motel situated on a prominent corner site, facing The Tuileries Cellar doors centre.
Rutherglen is a renowned historic and wine region tourist destination with the annual “Winery Walkabout” and “On the Green” entertainment events prominent. It is also a popular day drive from Melbourne, and outing from nearby Albury Wodonga (pop 120,000), in short it has plenty going for it.
The business owner has a separate free standing full size 3 bedroom residence with double carport and private yard.
Swimming pool, BBQ area, and easy access to town shops and cafes are popular with guests. Inspection highly recommended, especially for new operators.
Asking: $179,000 Lease
Rental $1,150 weekly.

Property Information

Real Estate:

Lease

Lease Terms:

Fixed term

Leasehold Rent:

$55,000 (AUD) per annum

Living Accommodation:

3BR home for proprietor plus 12 guest rooms

Location:

Main street location just across from Tuileries Cellars centre

Premises Details:

All ground floor units plus separate free standing 3 bedroom proprietor's residence

Business Operation

Expansion Potential:

Significant

Competition / Market:

Various

Years established:
1980s

Other Information

Support & training:

Provided

Contact Information

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