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Price Drop! Leasehold Motel In Thriving Regional City - Mildura

Listing Id : 251592

Location : Victoria - MILDURA

Category : Hotel Motel B and B

Asking Price : 290,000

Business description

Business ID: CTOC997 7th Street Motel is located in the heart of Mildura, opposite the newly developed Riverfront, walking distance to restaurants, shops and the Murray River. Perfect entry level motel, producing a good income and lifestyle. This leasehold business is easy to run with property management system in place and channel manager for live bookings. Comprises 11 rooms, owners residence or extra self-contained unit, undercover parking, in-ground pool and BBQ area. The motel is showing a considerable growth in occupancy this year, due to the completed projects and current developments happening in and around the Mildura Region. Mildura is the gateway between Adelaide, Melbourne and Sydney. A thriving regional city well connected by buses as well as daily flights with Qantas, Virgin and Rex Airlines. The area is strong in tourism and hosts large yearly events. Mildura will continue to grow with major projects given the green light including The Carwarp Solar Farm, Sporting stadium, Entertainment centre and stage 2 of the Riverfront redevelopment just to name a few. This business ticks all the boxes and ensures continued success for the new owners. Price $290,000

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