FOR SALE
FREEHOLD GOING CONCERN | NEW PRICE $1.25M - $1.35M

18 Princes Highway
Cann River VIC 3890

Bedrooms: -
Bathrooms: -
Car spaces: 40
Floor area: 1700m2
Land area: 1700m2
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OPPORTUNITY TO PURCHASE FREEHOLD OF CANN VALLEY MOTEL

EXPRESSIONS OF INTEREST (EOI): $1,250,000 - $1,350,000
Property + Business
Sale Type: FHGC | Cann Valley Motel
Running 1 out of only 3 motels in the area guarantees a healthy income, and the current owners say the business is very easy to run. This proven performer, well-established, straightforward and effective business is your opportunity to enjoy income and security in this ideal location and it will exceed your new business expectations.
Top buy & great income-producing business which is a unique opportunity for a buyer seeking an immediate return and cash flow motel with huge growth potential in the expanding tourist market.
Can Valley Motel (10) Rooms + (2) Room Manager residence with lock up (1) Garage
- Perfectly situated on the major highway junction - Monaro Highway & Princess Highway
- Own 1 of the 3 motels in town
- Close to Prime Sport Fishing Location and ancient rainforests
- Excellent husband-and-wife business
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Property Details for 18 Princes Hwy, Cann River

Building Type
Commercial
Floor Size
1700m2
Land Size
1700m2

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About Cann River 3890

The size of Cann River is approximately 112 square kilometres. It has 3 parks covering nearly 77% of total area. The population of Cann River in 2011 was 167 people. By 2016 the population was 198 showing a population growth of 18.6% in the area during that time. The predominant age group in Cann River is 50-59 years. Households in Cann River are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Cann River work in a community and personal service occupation. In 2011, 61.7% of the homes in Cann River were owner-occupied compared with 61.1% in 2016.

Cann River has 259 properties. Over the last 5 years, Houses in Cann River have seen a 164.72% increase in median value. As at 30 November 2024:

  • The median value for Houses in Cann River is $325,735 while the median value for Units is $401,697.
There are currently 4 properties listed for sale, and no properties listed for rent in Cann river on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Cann river.

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