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
Andrew Cronin

Key Investment Insights

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.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Highly Awarded Permanent
Beautiful Location FHGC before the Tourism Season
Leasehold Beachfront Tourist Park
Gold Coast's Premier Management Rights Opportunity – Coolangatta Beachfront Icon
Restaway Holiday Units
Acquire Management Rights in Eagleby - Flexible, Profitable, and Stable | Resort Brokers ID : MR008726
BUSINESS-ONLY TOWNHOUSE COMPLEX WITH FUTURE UPSIDE! | Resort Brokers ID : MRB008732
Rare to Dunedin - FHGC Motel - Vendor Finance
Retirement Village Management Rights – Exceptional Opportunity
Low-Maintenance, Caretaking only in Prime inner-city fringe Location | Resort Brokers ID : MRC008739
BRAND NEW, PREMIUM ECO-RESORT ON 21 HA, INCLUDING 1KM of PRIVATE MARINA FRONTAGE | Resort Brokers ID : FH008715
THIS IS THE ONE - +$850K NET PROFIT, PERFECTED LOCATED GOLD COAST HOLIDAY RESORT | Resort Brokers ID : MR008736
Exceptional Management Rights in High-Growth Suburb | Resort Brokers ID : MR008729
PASSIVE INVESTMENT WITH DEVELOPMENT UPSIDE, WATERFRONT COASTAL LOCATION | Resort Brokers ID : INV008712
BRISBANE INNER-CITY, SHORT-STAY MR - $1.4M NOP | Resort Brokers ID : MR008737
Location - Does It Get Any Better Than This?
Beachside Boutique with Impressive Income and Lifestyle | Resort Brokers ID : MR008720
Exclusive - Waterfront Management Rights with $526K Net Profit - ID 9199