Leasehold Motel for sale in Bright, Yield in excess of 33%

A mere 150 metres from the centre of the popular tourist town of Bright in North East Victoria, this 20 room leasehold motel occupies one of the most convenient accommodation positions in Bright.

Well presented, popular, simple to run and with low maintenance grounds this business ticks many boxes. If you are looking to buy a great business to earn a decent return than this leasehold motel is THE ONE. Showing a yield in excess of 33%, and with a long lease in place, this well positioned business will not last long on the improving current market.

The three bedroom managers residence has wood heating and reverse cycle air conditioning. All the bedrooms are located upstairs, with a living/lounge room area on both levels.

Take advantage of low interest rates, and embrace the exceptional opportunities presented by this vibrant motel business in the North East Victoria's tourist hub of Bright.

An inspection of this motel is a must.

Contact Jason Reid on 0419 360 728 or email us to request a confidentiality agreement.

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