McDonald Hospitality Brokers | Hotel, Motel & Caravan Park Brokers
Freehold Going Concern $1,095,000
SOLD - Yackandandah Motor Inn, VIC - 1P0009
Agent
Dan McDonald
0437838368
Freehold Going Concern $1,095,000
EXCLUSIVE TO MHB
One of a kind!
Superbly presented 8 room boutique Motel located within the centre of Yackandandah`s thriving economy.
With an abundance of eateries, wineries, and a booming cycling tourism revolution underway, this strongly performing accommodation business is sure to impress the discerning buyer.
Key Features:
* Outstanding performer through and post Covid trading interruption
* 8 spacious ground floor stylishly decorated and modern rooms
* 16% (approx.) yield to the buyer
* Strong and continued growth with excellent profits
* Easy to run and operate with an ideal lifestyle balance
* A secure lease in place with main street frontage at the front of the Motel
* Built in 1997 with recent refurbishments
* Spacious 2 bedroom residence with lock up garage and private yard
* Ample guest parking
* Popular base for visitors to the surrounding wine regions
* Excellent location right in the heart of town, close to shops, eateries & cafes
* Situated on 1,004m2 of Commercial 1 Zoned land with established gardens
Offering a great lifestyle in one of Victoria`s most beautiful settings within a very popular tourism destination this could also be the perfect opportunity for the work from home professional.
Contact Dan McDonald direct on 0437 838 368 to arrange your inspection of this fantastic property.