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MILDURA, VIC
EXCEPTIONALLY RARE MONEY MAKER WITH HUGE UPSIDE - 2605ML
VIC
Accommodation/tourism · Motel
LEASEHOLD $1,995,000
LEASEHOLD MOTEL - 38 rooms incorporating 2 self-contained apartments - 70% Occupancy with room to grow - Mixture of standard and executive corporate suites - Reliable financial performer, currently under management and managers wish to remain. - Entrance/departure canopy of approximately 103 sqm. It has a Colorbond roof, pebblecrete concrete paving and feature faade. Mixture of King Deluxe, King Executive, King Twin, King Spa and 2 Two-bedroom apartments. The self-contained two-bedroom apartments feature a full-sized fridge and have a concealed laundry with trough, top loader washing machine and wall mounted dryer. Fully licensed restaurant and bar offering seating for approximately 80+ guests - 50 inside and 30 outside alfresco style overlooking the pool area, and is supported by a full commercial kitchen and appropriate staff. A lucrative opportunity thanks to its stable corporate trade, renowned onsite restaurant, and prime CBD-edge location. Prime Location: Situated on bustling street, the motel is within walking distance of the CBD, driving high visibility and easy access for passing trade. Consistent Corporate Clientele: Redesigned with business travellers in mind, it benefits from a highly stable, year-round corporate customer base offering secure, recurring revenue.Renowned Onsite Dining: Features the highly respected Restaurant, which draws consistent foot traffic from the local community as well as in-house guests.Established Brand Trust: Operating under the globally recognized brand provides immediate access to established loyalty programs, online booking platforms, and marketing networks.Turnkey Leisure Features: Includes strong leisure amenities like an outdoor solar-heated pool, guest laundry, and modern, accessible 4.5-star rooms. Confidentiality requirements exist Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.Property ID: 2605ML (quote when enquiring)Property Code: 5481
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