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Award Winning Leasehold Motel plus Residence and Holiday Home

Listing ID: 824

Mildura, Victoria 3500

  • Type Business | For Sale
  • Location MILDURA
  • Price Leasehold price: $365,000

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Located on the Murray River, in the heart of central Mildura, this is the perfect entry level motel for a couple wanting to run their own business.

This is a business that ticks all the boxes, with Mildura attracting tourists from all over the world - as an important stopover for Mungo National Park, as well as hosting year-round events that draw the crowds.

7th Street Motel is well located to benefit from all this trade, especially with the soon-to-be-completed Riverfront redevelopment just 100 metres away.

Walking distance from restaurants, cafes, the shopping mall and the Murray River, this very affordable leasehold motel can easily be run by one or two people.

Boasting the best location in Mildura, the 7th Street Motel has just been awarded a TripAdvisor Certificate of Excellence for 2016, and is currently ranked Number 3 on TripAdvisor.

The self-rated 3.5 Star motel comprises 11 rooms, including single, queen, triple and family rooms, with undercover parking, an inground swimming pool and BBQ area.

The lease is for at least 20 years, and includes a comfortable one-bedroom private residence attached to the reception area, plus a holiday home next door.

At a glance:
- Motel has an excellent website, Facebook page plus listings on most accommodation booking websites
- Training and support available for new owners
- Lime Holiday House comprises 3 bedrooms, 2 living areas, full kitchen, courtyard and parking

After 7 years, the current owners are ready to move on to their next big adventure, and are selling to move closer to family.

LOCALITY ( get directions )

Mildura, Victoria 3500