Internal Ref: 1P6696
Summary
CRE Brokers are pleased to offer for sale by Expessions of Interest the leasehold motel business of Cadell on the Murray Motel Resort, an outstanding Murray River frontage property combining qualit...
Location Details
Perricoota Road
About the Business
CRE Brokers are pleased to offer for sale by Expessions of Interest the leasehold motel business of Cadell on the Murray Motel Resort, an outstanding Murray River frontage property combining quality accommodation, resort-style facilities and significant conference and wedding appeal.
Fully refurbished and presented to a high standard, the motel comprises 26 spacious rooms in a range of configurations, together with a separate four-bedroom owner's residence featuring a private garden. Further facilities include a well-equipped reception and office, in-ground swimming pool, tennis court, undercover BBQ areas, boat and car parking, and an adjacent boat ramp providing direct access to the Murray River.
The leased motel site comprises approximately 33,280m² with extensive Murray River frontage, creating an exceptional setting for guests and a range of future opportunities.
Ideally positioned within easy driving distance of the renowned Moama and Echuca sporting and golf clubs, wineries, restaurants and the historic Port of Echuca**, the property benefits from a strong tourism and leisure location.
The business currently generates turnover of approximately $816,391 per annum, excluding GST.
With a secure lease and options extending to 2048, providing a total term of approximately 22 years, Cadell on the Murray Motel Resort represents an excellent opportunity for an astute purchaser seeking a well-established leasehold motel in a highly desirable Murray River location.
Key Highlights
* 26 fully refurbished motel rooms
* Separate 4-bedroom owner's residence
* Conference and wedding facilities
* Extensive Murray River frontage
* Approx. 33,280m² leased site
* In-ground swimming pool and tennis court
* Boat parking and adjacent boat ramp
* Undercover BBQ facilities
* Turnover approx. $$816,391 p.a. excluding GST
* Secure lease with options through to 2048
* Strong tourism and leisure location
Contact us with confidence to arrange your inspection of this outstanding Murray River frontage leasehold motel opportunity.
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