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Address available on request Donald, VIC 3480

Address available on request,
Donald, VIC 3480

Hotel, Motel & Leisure

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2604MF - Fresh Country Air Awaits with a Handy Income

- A great opportunity to buy a Freehold motel with river views!

- Excellent 3 bedroom residence, with double lock up garage.

- Ideal for mum and dad operation, save on wages.

- Easy to run bed and breakfast motel for the owners with all the hard work done.

- 7 motel rooms with space for up to 3 more rooms (STCA).

- Adjoining land for sale also 2,113 m2 with car shedding and old service station.

- 16 % ROI

- Close to town in main street

- Rooms have balconies with river views

- Solid country town with regular sporting events

Donald affords a truly rural lifestyle halfway between Melbourne and Mildura. It is situated within an agricultural region known for its wheat, barley and lamb production. It is surrounded by a number of lakes including the huge Lake Buloke which is a haven for local birdlife and is located around 8 kilometres north of the town.

It boasts a small but vibrant community where the "Welcome Mat" is always out, a safe environment to raise a family, affordable housing and services that will enhance your way of life.

With easy access to large regional centres like Horsham, Bendigo and Ballarat, and an easy drive to the Murray River, it’s worth considering a move to Donald to experience the best that small rural communities have to offer.

Net Profit: $102,079 for 2018/19

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2604MF (quote when enquiring)

Property Code: 3322

Donald, 3480 demographic data

The median household income for Donald is $1,044, 25% lower than Regional Victoria's household income of $1,386. Donald has an older age profile compared to the rest of Regional Victoria (median age 52 vs 43). Property ownership data shows 33% of property owners in Donald have a mortgage.

1,472
Population
$1,044 per week
Median household income
52 years
Median age
Owners
Most residents
Families
Most households
04330919...
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Address available on request
Donald, VIC 3480
Tourism Brokers - NSW, QLD, VIC & TAS
Centralised Administration: 32 Lamorna Ave
BEECROFT, NSW 2119

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