Unique opportunity to secure one of Mildura's most iconic Motels with both Freehold & Leasehold available. Centrally located on Mildura's prominent Deakin Avenue, set on nearly 5000m2 with Commercial 1 zoning. The Cottonwood Motor Inn Freehold & Leasehold offers 31 fully furnished motel rooms and apartments (1 & 2 bedrooms, all ground level), most have been fully refurbished, with off street secure carparking for over 50 vehicles (incl truck bays), swimming pool, outdoor BBQ area, guest laundry facilities, spacious reception area, large restaurant with bar facilities (& liquor licence), fully fitted out commercial kitchen (with cool rooms & freezers), function room, and 3 bedroom managers residence. With dual street frontage & further development opportunity available, don't miss this rare commercial opportunity.