Bairnsdale, Victoria

Golden opportunity to buy a great Motel leasehold.

$588,000

Property Description

There are 2 huge reasons this investment is a strong reason to acquire this Motel leasehold
1: The politicians now agree to talk and debate to open up Australia for business when we get to a 80% vaccinated percentage.
This should be approx November.
The tourist industry will be busy like never before, and occupancy rates in Motels should be at a all time high. Huge profits to be made.
2: Location, Location, Location of this motel. Pre Covid this Motel was approx - Net Profit: $189,092 for 2018/19.
This is because this Motel is in the best location, on Main street and close to all the shops, Cafes and Restaurants !!
Can we expect higher occupancy and higher profits while most of the International borders will be closed for a long time. ??
People pass this Motel everyday of the year, by the thousands. This is very convenient to your customers.
Clientele want to be close to cafes, restaurants and all the shops when they stay on Bairnsdale.
When your clients walk out the front entrance of the motel, they are right in the shopping strip.
Because of the location and what is offered to visitors, this makes it a very high return per room - per year.
Occupancy pre - bushfires and corona virus was at approx 70%, and opportunity to increase further by some targeted online marketing !!
Buying a motel is about making money. And this location makes this Motel a gem.
The motel has 20 well presented rooms.
This motel is currently marketing to the budget conscious traveller, in a town well known for its high corporate visitation.
Pre Covid, It's sales figures put it in regional Victoria's higher band return !! - that starts with sales above $20,000 per room per year.
They also offer a full range of amenities and quality facilities for their guests, including free Wi-Fi and Foxtel TV, along with friendly service from our professional staff.
All of the rooms are fully air-conditioned and heated, and some also come with private hot tubs.
A lot of clientele are repeat business due to excellent rates, as they offer a range of affordable accommodation with comfortable rooms and excellent facilities.
Many room choices are from a family room, deluxe spa room, Executive Queen Room, 3 bedroom and standard Queen and twin rooms.
Also offered is free Wi-Fi access, tea and coffee, and close proximity to many local attractions and amenities.
Easy access from both ends of Motel.
Located three hours east of Melbourne, along the Princes Highway, Bairnsdale is a great place to visit at any time of the year, with a range of sights to see and things to do throughout the seasons.
The Motel offers guests the perfect place from which to explore the surrounding area and is situated close to the popular Gippsland Lakes and spectacular Ninety Mile Beach.
Purchasers are invited to do their own due diligence to substantiate financials and an inspection will impress.
This is a great investment opportunity for a couple or a family.
Quote MAS 5038 and call Michael NOW - on ---------- , or submit an enquiry

Property Summary

Managers Unit

Complex Information

Total Units in Complex: 0

Caravan Park Information

Marketing Agent
Michael Keltie
Michael Keltie

Business Brokers Network Australia

Business Brokers Network Australia

Listing location
Gallery

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