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Farm Sold - VIC - Mildura - 3500 - Iconic Mildura Motel - Freehold & Leasehold

Photos28

Map

Floorplan

Statement of Information

326 Deakin Avenue Mildura VIC 3500

Sold $3,800,000

Property Type

Other (Rural)

Land area approx

4969sqm

Region

Mallee

Toilets

Uncovered Carspaces

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Mildura326 Deakin Avenue
10
10
50
4969sqm
Sold $3,800,000

Google Maps

Iconic Mildura Motel - Freehold & Leasehold

Development

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. 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 40 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.