Ararat, Victoria
A HIDDEN GEM IN REGIONAL VICTORIA - 2652ML
SOLD
Business Description
- Position, Position, Position.
- Immaculate, Quality, and Rewarding.
- A motel that is only 17 years young is rare, and this is like new.
- With a residence that you would be proud to call home.
- Considered the best motel in town, with high occupancy rates.
- Located approximately 200 km West of Melbourne.
- 9 ground floor rooms, with new paint and all mod cons.
- 2 bedroom quality home, next to reception.
- Plenty of sporting facilities and healthcare facilities in the town.
- This outstanding performer will not last long.
- Leasehold Motel.
Net Profit: $194,443 for 2022/23
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2652ML (quote when enquiring)
Property Code: 4894
Business Summary
Key Investment Insights
1. Prime location in regional Victoria, with easy access to Melbourne.
2. Modern and well-maintained motel, only 17 years old.
3. Includes a spacious and well-appointed residence.
4. Highly regarded and popular among guests, with consistently high occupancy rates.
5. Located in a town with plenty of sporting and healthcare facilities.
6. 9 ground floor rooms with all modern amenities.
7. 2-bedroom home located next to reception.
8. Strong financial performance, with a projected net profit of $194,443 for 2022/23.
9. Leasehold motel opportunity.
10. Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.