Central Echuca Motel Freehold Opportunity

Located in the absolute centre of Echuca is the Riverboat Lodge Motor Inn and the current owners are offering the freehold for sale with a yield of 6.1% return. Being perfectly positioned, this makes it within easy walking distance to shops, restaurants and the historic port precinct. Offering 19 rooms (6 family, 3 twin, 2 spa and 8 standard) along with a 3 bedroom managers residence (brand new kitchen just installed) with private courtyard as well as solar-heated swimming pool and an onsite motel laundry. There are new leasehold owners with motel experience and there are multiple lease options thereafter totalling 25yrs. A very well presented property in a high profile tourist town that continues to grow year on year. Echuca/Moama offers a large number of events (Southern 80, Blues Festival, Riverboats Music Festival just to name a few) with the twin towns very popular with weddings and car club rallies. Opportunities like this are hard to find so for further information please contact the selling agent Stephen Morgan on 0419388802.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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School catchments

Echuca Primary School Primary Prep-6 Government 0.25km
St Joseph's College - Brigidine Campus Secondary 7-12 Catholic 0.96km
Echuca East Primary School Primary Prep-6 Government 1.5km
Echuca College Secondary 7-12 Government 1.6km
Moama Public School Primary P-6 Government 1.8km
St Mary's School Primary Prep-6 Catholic 2.2km
Australian Christian College Victoria - Echuca Combined Independent 2.5km
Echuca Twin Rivers Primary School Primary Prep-6 Government 2.5km
River City Christian College Combined Independent 2.5km
Moama Anglican Grammar School Combined K-12 Independent 2.8km
Carlo Catholic College Primary Catholic 2.9km
St Joseph's College - Kildare Secondary Catholic 3.9km
Nanneella Estate Primary School Primary 1-6 Government 21.0km
St Patrick's School Primary Prep-6 Catholic 23.2km
Tongala Primary School Primary Prep-6 Government 23.4km
Lockington Consolidated School Primary Prep-6 Government 24.5km
Rochester Secondary College Secondary 7-12 Government 25.6km
Rochester Primary School Primary Prep-6 Government 25.8km
St Joseph's School Primary Prep-6 Catholic 26.9km
St Augustine's College Combined Prep-12 Catholic 33.6km
Kyabram P-12 College-Haslem Campus Combined Government 34.7km
Kyabram P-12 College Combined Prep-12 Government 34.9km
OneSchool Global Vic - Nathalia Centre Combined Independent 41.5km
Nathalia Secondary College Secondary 7-12 Government 42.0km
St Mary of the Angels College Secondary 7-12 Catholic 42.1km
Rushworth P-12 College Combined Prep-12 Government 56.2km
Pyramid Hill College Combined Prep-10 Government 57.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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