18 Princes Hwy, Cann River, VIC 3890

Hotel/Leisure | Development/Land | Industrial

For Sale FHGC | EXPRESSIONS OF INTEREST (EOI)

  • Property ID: 437337
  • Floor Area: 1700m²
  • Land Area: 1700m²
  • Occupancy: Vacant
OPPORTUNITY TO PURCHASE FREEHOLD OF CANN VALLEY MOTEL

EXPRESSIONS OF INTEREST (EOI) Sale Type: FHGC | Cann Valley Motel

Net Profit: $252,760 (GST excl) 2021/22

Running 1 out of only 3 motels in the area guarantees a healthy income, and the current owners say the business is very easy to run. This proven performer, well-established, straightforward and effective business is your opportunity to enjoy income and security in this ideal location and it will exceed your new business expectations.

Top buy & great income-producing business which is a unique opportunity for a buyer seeking an immediate return and cash flow motel with huge growth potential in the expanding tourist market.

Can Valley Motel (10) Rooms + (2) Room Manager residence with lock up (1) Garage

- Perfectly situated on the major highway junction - Monaro Highway & Princess Highway

- Own 1 of the 3 motels in town

- Close to Prime Sport Fishing Location and ancient rainforests

- Excellent husband-and-wife business

- Business established 20-plus years

- Excellent clientele, including general travellers, overseas tourists and road workers

- Cann River is the ultimate coastal route between Sydney and Melbourne.

- Very popular roadside stop and Visitors enjoy the wonders of what nature has to offer in this spectacular part of East Gippsland.

The business has built a diverse client base ranging from visiting contract workers and sales reps to travellers passing through and people visiting the natural beauty of the wilderness area with holidaymakers taking advantage of the beautiful beaches and the great fishing and boating nearby.
The business generates income all year round and is not reliant on holiday times to do so.

Room Types: https://cannvalleymotel.com.au/about-us

Cann River is a town in the East Gippsland region of Victoria, Australia and it is a convenient place to stop and is a turning point for many journeys.

Head out of town along the Monaro Highway towards the Australian capital of Canberra or continue along the Princes Highway, the coastal route between Sydney and Melbourne.

Enjoy great natural beauty and lifestyle and fabulous the ancient rainforests of Victoria's far east

- Lind National Park

- Croajingolong National Park and the

- Alfred National Park

To secure this amazing property - Contact Las Widanage 0429 115 115 or Alexandra Visic 043 918 507 for further information or to arrange an inspection.

Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Property Code: 4126

Cann River Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2722 --- ---
Retail $2722 --- ---
Industrial $8333 --- ---
This is the average advertised price, rent and yield for Cann River, VIC 3890*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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