Bairnsdale, Victoria

A CRACKING MOTEL THAT CONTINUES TO GROW - 2047ML

SOLD

Business Description

- Are you ready to take on the next challenge in this high performing business?

- Located centrally in Bairnsdale, close to shops, restaurants and the Mitchell River.

- On a whopping 4,464 m2 block.

- 38 refurbished rooms, offering a variety of queen rooms, twin rooms, spa rooms and two-bedroom apartments.

- Consistent solid turnover and offering a 36% ROI for this financial year.

- Well patronised by repeat guests, corporates and families visiting the Gippsland area.

- A fully licensed restaurant - currently used for breakfast only.

- A two-bedroom manager's residence with balcony onsite.

- A great long lease and fair rent.

- Leasehold Motel.

Net Profit: $627,805 for 2021/22

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

Property ID: 2047ML (quote when enquiring)

Location: The gateway to East Gippsland, Bairnsdale is a thriving provincial centre of 12,000 people set on the banks of the Mitchell River. It still retains the quiet country pace and fresh air that you don't get in a bigger city and is the ideal base for exploring the vast Gippsland Lakes, Mitchell River and the surrounding forests. Bairnsdale is the commercial and administrative hub of East Gippsland Shire offering history, the arts, culture and retail. Close to the lakes, rivers, mountains and forests, Bairnsdale is the perfect destination for year-round enjoyment. Blessed with pleasant, wide streets and award-winning gardens, it's a relaxed place where visitors are shown old time country friendliness and courtesy. Boasting a full range of modern facilities, major city shopping and a great variety of restaurants, Bairnsdale is an ideal base.

Property Code: 4255

Business Summary

Marketing Agent

Andrew Cronin

0433 09....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Prime location in Bairnsdale, a thriving provincial center with a population of 12,000 people.
2. Situated on a large 4,464 m2 block, providing ample space for guests and potential for future expansion.
3. 38 recently refurbished rooms, including a variety of room types to cater to different guest needs.
4. Consistent solid turnover and a high ROI of 36% for the current financial year.
5. Strong customer base of repeat guests, corporates, and families visiting the Gippsland area.
6. Fully licensed restaurant on-site, currently used for breakfast only.
7. Includes a two-bedroom manager's residence with a balcony.
8. Long lease and fair rent, providing stability and potential for growth.
9. Located in a popular tourist destination, offering year-round enjoyment for guests.
10. Well-maintained property with award-winning gardens and a relaxed country atmosphere.