Property Description
Located just an hour from Melbourne, this well performing and easy to run motel has opportunities for growth and also enjoys a high level of repeat customers. A long 27+ years remaining on the lease and showing a strong net profit of $167,000+ gives buyers great tenure and an excellent return on investment. With strong forward bookings, this will also give the new operator a great head start in to the business. The Motel currently does not use online travel agencies nor does it have online bookings available through their website, another opportunity for potential purchasers to grow this business. This Motel is located in a strong regional tourist hub and is centrally located to all the major amenities the region and town have to offer. A comfortable 3 bedroom / 2 bathroom residence, BBQ area and relaxing gardens complete the facilities. Here is an amazing opportunity to enjoy this lifestyle while growing this already well performing Motel, all with the lights of the City not far away.
For further details email us via the enquiry form or phone:-
Office: 03 5762 2266
Broker: Tim Symes – 0498 998 115
Key Features
- Simple B'N'B operation - easily managed
- Central location - short walk to restaurants, clubs, hotels. Close to Hospital and 2 x Aged Care Facilities.
- Pleasant outdoor facilities and garden area for guest use.
- 10 KW solar power system - 2 years old
- Strong repeat business and regular customers.
- Excellent Trip Advisor reviews.
- Proximity to Tullamarine Airport (45 min) and Melbourne (1 hr) Popular with country and interstate guests travelling to Melbourne.
- Growing tourist area (Macedon Ranges) and town.
- Opportunity to increase business by adding on line booking facility to website and use of OTA's.
- Potential to increase number of rooms or convert to a breakfast room.
