Hotel/Leisure | Medical | Development/Land

OPPORTUNITY TO PURCHASE LEASEHOLD OF CANN VALLEY MOTEL

- Own 2 of the 3 Motels in the Town

- Business Established 20-Plus Years

An incredibly rare opportunity awaits an investor or owner-operator to take this property to the next level (STCA) or Run the well-established Cann Valley Motel.

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.

Leasehold Price: $350,000

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

Lease Options: 6 x 5 years (new 30-year lease from settlement)

Annual Rent: $60,000 (plus GST & Outgoing) as at settlement with annual CPI adjustments

Motel Business:

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

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

- 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

- Owner's 2-bedroom residence included with car garage.

- 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 ...