Walkabout Motel

Walkabout Motel

SOLD OFF MARKET by MHB – Angela Jacobsen.

VIC Passive Investment Motel Opportunity.

Key Features:

* Secure lease with sub-lease in place
* Situated upon approx. 8,444m2 of GRZ – General Residential Zoned land
* Popular tourism location with Rutherglen being voted trendiest town
* 4 x years remaining on current lease
* Rent review (CPI) due October 2025
* Return on investment of approx. 6.7%
* 8 x rooms + 2 x 2 bedroom fully self-contained onsite cabins
* 76 x Solar panels – owned outright
* In-ground swimming pool, spa and BBQ area
* Highway location with views of vineyards
* Scope and land to add additional cabins onsite

Contact Angela Jacobsen, the Exclusive Agent, direct on 0439 946 858.