THE STATS SAT ON THE MAT, GOT RID OF THE CAT - 2276MF
(no street name provided), Euroa VIC 3666
UNDER OFFER
BusinessSize: n/a
Euroa. About a two hour drive from Melbourne and a laid back town off the Hume Highway. Urgency is not a word to describe Euroa.
Yet every night Castle Creek Motor Inn produces an occupancy in the order of 75% plus.
It's in the rooms. They've all been made over. Both corporate and domestic tourist ready.
A flagship sitting on prime land - one piece already subdivided off and one ready to go.
With mainstream residential housing in the streets behind.
Castle Creek Motor Inn is a family run business. It's educating two kids in the private system of Shepparton.
If a well performing family friendly freehold going concern is what you're after, look no further.
Over six years Average Daily Rate has grown by 29%. Occupancy by 25% and monthly sales value by a whopping 62%. And a net profit crashing the ceiling.
Only took six years to be an overnight success!
Net Profit: $387,158 for 2022/23 (as provided by vendor accountant)
Contact Annette Adams and Reg Partington from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2276MF (quote when enquiring)
Property Code: 4903
Yet every night Castle Creek Motor Inn produces an occupancy in the order of 75% plus.
It's in the rooms. They've all been made over. Both corporate and domestic tourist ready.
A flagship sitting on prime land - one piece already subdivided off and one ready to go.
With mainstream residential housing in the streets behind.
Castle Creek Motor Inn is a family run business. It's educating two kids in the private system of Shepparton.
If a well performing family friendly freehold going concern is what you're after, look no further.
Over six years Average Daily Rate has grown by 29%. Occupancy by 25% and monthly sales value by a whopping 62%. And a net profit crashing the ceiling.
Only took six years to be an overnight success!
Net Profit: $387,158 for 2022/23 (as provided by vendor accountant)
Contact Annette Adams and Reg Partington from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2276MF (quote when enquiring)
Property Code: 4903
Inspections
No open inspections scheduled.
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Contact Annette Adams to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Business
Other Details
Property history
We couldn't find any history for this property.
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Euroa suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
54 years
Population
3,508
Listing ID: 182387816. This listing has been viewed 1 time. It was first displayed on 20/03/2024 and last updated on 22/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.