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Capricorn Motor Inn, 255 Melbourne Street Mulwala, NSW 2647

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Capricorn Motor Inn, 255 Melbourne Street,
Mulwala, NSW 2647

Hotel, Motel & Leisure

Price information

Sale

Leasehold - $495,000

Key property information

Floor area

Tenure type

Private inspections

to arrange a private inspection.

Map of Capricorn Motor Inn, 255 Melbourne Street

Directions
  • Bus stops within 5 km of Capricorn Motor Inn, 255 Melbourne Street, Mulwala, NSW 2647Distance
    Foster Ct/Melbourne St Mulwala NSW222 m
    Belmore St/Irvine Pde (Yarrawonga)676 m
    Belmore St/Witt St (Yarrawonga)777 m
    Mulwala Water Ski ClubMelbourne891 m
    Senior Citizens Centre23 Hovel St1.1 km
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UNDER OFFER - Capricorn Motor Inn, Mulwala NSW - 1P0432

EXCLUSIVE TO MHB

A real money maker with a view!

Are you ready to enter the highly sought after motel industry?

A leasehold with a shorter term means one thing - Bigger profit to higher returns!

This charming 20 room motel with an outstanding view of Lake Mulwala is the perfect start up motel, with revenue of over $600K.

Key Features:

* 20 x room motel with gorgeous lake views
* Easy to run - located in busy Yarrawonga/Mulwala tourism region
* Great mix of corporate, leisure and repeat business clientele
* Projected NET profit of approx. $250K
* Demonstrates an approx. 50% return on investment
* 3 x bedroom, 2 x bathroom owners accommodation
* BBQ area with 2 x pergolas and outside guest toilet
* Ample onsite parking for guests

Be quick for this one!

Contact Dan McDonald at MHB direct to book your inspection today!

Additional information

Property ID: 504628348Last Updated: 17 Jul 2024

04378383...
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Capricorn Motor Inn, 255 Melbourne Street
Mulwala, NSW 2647
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