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For Sale

Motel Freehold and Business, family owned for 25 years

Kerang, Victoria

Summary


  • For Sale
    Status
  • Kerang
    Location
  • Victoria
    State
  • $1,785,000
    Price
  • Caravan Park Hotel Motel Resort

Features


Motel Information
Hotel Information
Caravan Park Information

Description


This motel is situated on the Murray Valley Highway Kerang in prime position in the heart of the Kerang Valley where the traffic flows from morning to night to Melbourne and Adelaide all year long.
The Motel has 31 ground level units with in ground swimming pool also including a 250 seating capacity conference and entertainment Room as well as a 60 seat restaurant fully licensed.
For the owner/managers there is a 4 bedroom residence with 3 bathrooms surrounding the old restaurant which is converted to a large family living room for the owners comfort.
The Motel is set on 2 acres plus, with the Loddon river running at the back of the property.
This motel would very much suit a young family of 4 or more or partnership team who have some cooking abilities and motel experience, the owners are very happy to train till you gain confidence with the cooking and running side of the Motel.
This business is functioning at top level because of the dedication of the family in the most professional manner with a very attractive income.
The motel is patronised with repeat clientele such as corporate meetings and conferences, working contractors, holiday makers, bus tours and passing traffic all year round and of course the function Room caters for all bookings from weddings to parties and not forgetting the restaurant for that lovely spot of wining and dining for that special occasion or just because you would like a night of no cooking.
Persons wanting a change from the hustle and bustle of suburbia and city life with a great financial future then make it happen, come and see the town of Kerang in Country Victoria and be pleasantly surprised.
Kerang has all the facilities and more you would expect in a regional town such as hospital, 2 Medical centres, 2 High schools, 3 primary schools, shopping centres Woolworths and Aldi, Target, also V/line train services going to and from Melbourne 3 times daily and South Australia, and so much more.
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 MAY CONSIDER VENDOR FINANCE TO A QUALIFIED PURCHASER
For further details - quote MSA 5034 and call Michael NOW !! on - 0400 645 133 - or submit an enquiry.