Ararat, Victoria

2619MF - UNBELIEVABLE RETURNS!

Under Contract / Offer

Property Description

FREEHOLD GOING CONCERN MOTEL

- A 19 large rooms, all ground floor, double brick motel, centrally located

- Solid bookings with long term stays makes this a cash cow business

- A 15% ROI on a Freehold Going Concern

- With the option to re-open the restaurant for extra income

- Onsite 3 bedroom residence

- Pool and barbeque facilities for guests

- Average occupancy for November to February at over 97%

Located at the foothills of the Grampians and surrounded by picturesque mountains and grazing country, Ararat Rural City is the centrepiece in a region of tranquil and inspiring natural attractions, including the Grampians National Park, Mount Langi Ghiran, Mount Cole, Mount Buangor, Ararat Hills Regional Park, Lake Fyans and the Pyrenees Ranges.

Net Profit: $491,654 for 1st July 2020 - 31st March 2021


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

Property ID: 2619MF (quote when enquiring)

Property Code: 3742

Property Summary

Motel Information

Marketing Agent
Andrew Cronin
Andrew Cronin

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

SUNSHINE COAST QLD - 42 HA* SITE DA APPROVED FOR TOURIST PARK
2145ML - STARTER MOTEL SHOWING OVER 34% ROI
Perfectly Run permanent with High BC salary
Calder Family Motel, Kangaroo Flat VIC - 1P0075
Business For Sale - Premium Port Macquarie Business - ID 7846 BL
2165ML - AN AFFORDABLE BUSINESS - YOUR GATEWAY TO INDEPENDENCE
UNIQUE Management Rights Rockhampton (Great Tenants) Same managers 17 years
Business For Sale - In the Heart of Mooloolaba - $422,932 Net - ID 8923 BL
THIS IS THE CHEAPEST FREEHOLD CARAVAN PARK EVER AVAILABLE IN NSW!
Beautiful beachside leasehold property with a 51% return & won't break the bank | Resort Brokers ID : LH006828
Townsville CBD Leasehold Opportunity
2663MF - CBD MONEY MAKER 56 RENOVATED APARTMENTS WITH STRONG UPSIDE
591ML - QUALITY LEASEHOLD IN STRONG REGIONAL CENTRE
Excellent freehold motel in thriving Queensland country town | Resort Brokers ID : FH006820
2659ML - ABSOLUTE WATER FRONTAGE LEASEHOLD WITH ENORMOUS POTENTIAL TO IMPROVE
Caretaking only with unit
1853ML - A QUALITY MOTEL CLOSE TO MELBOURNE
5 Acres Of Beautiful Country To Live. Caravan Park For Sale.