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2484MF - A VERY SECURE FREEHOLD OPERATION UNDER A MILLION

MORWELL VIC, 3840

For Sale

Property for Sale in MORWELL VIC, 3840

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119

Listing ID:
11339853
Status:
Active
For:
Sale
Price:
Freehold $995,000
Last Updated:
21/02/2020
Icon building

Property Type

Hotel/Leisure
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Land Area

N/A
Icon size

Floor Area

1 SQM
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Parking

N/A

2484MF - A VERY SECURE FREEHOLD OPERATION UNDER A MILLION

- Mid Valley offers an affordable 'turn key' solution to an excellent income.

- 15 made over rooms including one family suite.

- Right in the middle of the industrial area of Morwell.

- Very high occupancy - every day of the week!

No expense is being spared in the makeover of Morwell, bringing it back from its days as the then centre of open cut coal mining, the prime feeder to the energy requirements of Melbourne over the past 50 or so years.

There's a small fortune on your doorstep! (If that's too big for you, the motel lease is also available for sale separately)

Net Proft $161,315 for 2018/19

Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2484MF (quote when enquiring)

Location: Discover the heart of Latrobe Valley and Victoria's energy centre at Morwell, situated 150 kilometres east of Melbourne. Morwell has an attractive commercial centre, divided in two by the Gippsland rail line. The larger of these centres is located south of the railway along tree-lined Commercial Road and Tarwin Street. A pedestrian underpass provides a link to the other centre north of the railway along Princes Drive where there are more shops, the post office, a couple of hotels and churches. The large Mid Valley Shopping Centre is located towards the eastern edge of town.

Property Code: 3064

For more details, please email agent

Tourism Brokers

34 Lamorna Avenue , Beecroft, NSW 2119


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