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Very busy 31 room motel freehold, and business for sale.

$1,650,000

  • ID Ref 5091
  • Suburb Kerang
  • State VIC
  • Status For Sale
  • Very busy 31 room motel freehold, and business for sale.

Business Description

Motel freehold and business situated in Kerang Victoria 3579.
Can be bed & breakfast, or dining room service if preferred.
The motel is situated in prime position on the main highway coming into Kerang where the traffic comes from Melbourne to various destinations, day in and day out all year.
The motel offers 31 ground level units plus a large residence for the comfort of the owners.
There is also a swimming pool all on a big land area of 2 ½ acres.
There is also a beautiful dining room, plus a 250 capacity function centre.
Solar panels have just been installed saving big power costs !!
The motel is patronised constantly with corporates, working contractors, bus tours, passing traffic and holiday makers also catering for bus tours all through the year.
Kerang has all the facilities in a good country town such as good schools, hospital and the township has a great shopping centre and also the V-Line trains going to and from Melbourne daily.
The motel has a great income, possibly one of the best on the market today.
The present owner has operated this motel for 19 years and nearly 70 years of age and it is time for younger people to take this opportunity and build up a good financial future for themselves.
Owner has all financials available when required. This motel offers a great opportunity for the right people
PRICE $1,650,000
INSPECTION BY APPOINTMENT ONLY, please do not approach Vendors.
BANK FINANCE AVAILABLE TO APPROVED PURCHASER AND OWNER WILL CONSIDER VENDOR FINANCE
FOR FURTHER DETAILS quote MSA 5034 and call Michael NOW !! on - 0400 645 133 - or submit an enquiry.

Business Features / Snapshot

General Features

  • Carparking Notes: Plenty of parking for guests. Big property

Your Business Broker

Michael Keltie

Business Location

Kerang, Victoria 3579