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Motel Business For Sale, Red Cliffs Victoria
$1,075,000 - FREEHOLD SALE - VENDOR FINANCE AVAILABLE!
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THE REDCLIFFS COLONIAL MOTOR LODGE
This freehold motel is situated in Redcliffs the heart of Sunraysia Valley. All day traffic passing from Melbourne and nearby Mildura benefits the business. It is 5 minutes from town centre and schools, doctors and dentist and local public transport is also available.
A large club and entertainment centre has a TAB facility and is practically next door within walking distance from the motel. This famous wine growing area also has a good golf course for those looking to relax now and again.
This 18 unit motel accommodation includes a daily breakfast service to clientele. This enjoys top income year in year out with a pleasant relaxing lifestyle enhanced by a good comfortable 3 bedroom residence attached.
The vendors have operated this business for over 7 years and have now attained 70 years of age and wish to retire while fit enough to do other things in life.
- Vendors will assist the purchaser wanting to build their financial future for themselves.
- Trading figures are available for inspection to genuine interested parties.
- Asking price (displayed above). A deposit of $475,000 is required. The balance is available on vendor terms @ 8% per annum interest only with the right to pay $10,000 multiples to reduce the principle.
Genuine enquiries only, please call Karl.
Contact the owner