A Desirable Country Retreat Motel Not To Be Missed - 2397MF
- Demand for quality motels has never been stronger.
- A Freehold Going Concern Motel that has performed strongly.
- A fantastic 11 room ground floor motel, with undercover parking and close to town and all facilities.
- And a three-bedroom, three-living room residence that even has it’s own man cave.
- On three titles and over 2,200 m2 of land.
- Situated on the Yarriambiack Creek, a very serene area for guests and owners.
- The town serves as a central hub for grain production and farming in the region.
- It boasts a rich history, evident in its well-preserved heritage buildings and museums, adding to its unique character.
- Projections indicate that regional areas like Warracknabeal may experience substantial property value growth by 2029, making it a promising location for long-term investment.
Additional to the sale of the Freehold Going Concern motel is the unused block of land, approximately 430m2 development potential (STCA), which could allow for an extra 4 units or another residence. Valued at approximately $50,000.
Adjusted Net Profit: $162,839 for 2023/24 (as provided by vendor)
Contact Andrew from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2397MF (quote when enquiring)
Property Code: 5220
For more details, please email broker or call agents.
