About the Business

Business ID: XB167069

Freehold Going Concern – Prime Mildura CBD Location – Zoned Commercial 1

Exclusively Presented by MEL Business Brokers Pty Ltd

This is a rare opportunity to acquire a well-established, high-demand rooming house in a prime location within prominent main street frontage in the heart of Mildura’s CBD.

With minimal operational oversight and secure long-term occupancy, this property is ideally suited for investors or owner-operators seeking a reliable, low-maintenance income stream. The majority of tenants are long-term workers, ensuring consistent rental income.

BUSINESS HIGHLIGHTS:

- Quality fit-out with high-grade plant & equipment

- New extension completed January 2025

- No internal housekeeping – tenants maintain their own rooms

- Minimal owner/manager involvement – approx. 5 hours per week

- 7 rooms accommodating 18 beds in total

- Shared amenities: 3 bathrooms, 3 toilets, 2 fully equipped communal kitchen, BBQ area

- Starlink Wi-Fi installed

- Separate storage room & unused portable office

- Dual access: Deakin Avenue frontage & rear service lane entry

- Fully gated & secured complex with 17 CCTV surveillance cameras

- Town water, Natural gas supply & 3 phase power

- Land size: 652 m²

- Ample on-street parking for tenants & visitors

Contact: Kamal Sharma – OIEC / Managing Director, MEL Business Brokers Pty Ltd
Phone: 0420 452 327 Email: [email protected]

PRICE:

- Current Land & Building Valuation: (valuation report available upon request)

- Asking Price: $1,250,000 – exceptional value considering fit-out, plant & equipment, and business goodwill