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Motels for Sale in Morwell, VIC

$645,000 Negotiable
SOLD
Business ID 128526
About This Business

Very profitable Motel Leasehold situated in Morwell

Phone enquiries - please quote property ID 17832

Situated walking distance to the CBD, clubs, restaurants and railway station, the Coal Valley Motor Inn Morwell is central to the power stations, sporting facilities and a short walk to the Morwell Club.

Located in the heart of the Latrobe Valley, a member of the Golden Chain group.

Big takings anf great NET profit !!

Boasting Free WiFi Internet access, Guest Lounge, Alfresco BBQ area, laundry facilities and a licensed premises, the Coal Valley Motor Inn is the motel of choice for both business and recreational travellers to the Gippsland region.

This outstanding 41 unit motel with a 50 seat conference room and fully licensed. Motel includes a 2 bedroom residence plus an inground pool, all with a fully bitumen drive and a beautiful garden and trees, just a site to see.

This motel is patronised with a lot of corporates, sales consultants, contractors, bus tours and passing traffic. Very good turnover with a long lease and low rental.

The vendors are to be congratulated on the excellent way the motel is run.

Huge further potential with some smart social media marketing and a stronger online presence.

PRICE $645.000 Bank finance available to approved purchaser.

For further details quote BSV 0811 and call Michael NOW !! , or submit an enquiry.

Business Details
CategoryAccommodation/Tourism
Sub-CategoryMotel
LocationMorwell, VIC, 3840
Price$645,000 Negotiable
Listed ByNo Agent Property & Business
Listing ID#128526
Ad StatusSold
Last Updated07 June 2019
Financial Overview
$645,000 Negotiable
Price
Total Views:
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