Ballarat Central, Victoria
A RARE FIND SO CLOSE TO MELBOURNE - 2126ML
SOLD
Business Description
- A short drive to the city centre, near the best schools, and close to major hospitals.
- This long standing motel has 23 ground floor rooms, with a variety of configurations, all in excellent condition.
- A long history of amazing returns, and with 17 years remaining, your opportunity is here to seize.
- Good access, ample parking, with shops next door for food and drinks.
- A comfortable 2 bedroom residence with 2 bathrooms and large living area is onsite, next to reception.
- A motel this close to Melbourne with great returns will not last long on the market.
Adjusted Net Profit: $313,740 for 2024/25
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2126ML (quote when enquiring)
Property Code: 5328
Business Summary
Key Investment Insights
1. Short drive to Melbourne city centre, enhancing demand from business and leisure travellers.
2. Proximity to top schools, supporting family and education-related stays.
3. Close to major hospitals, attracting medical visitors and extended-stay clientele.
4. 23 ground floor rooms, offering easy access and operational simplicity.
5. Variety of room configurations, allowing flexible pricing and market segmentation.
6. All rooms described as being in excellent condition, reducing near-term capital expenditure.
7. Long history of strong returns, indicating proven financial performance and market position.
8. Adjusted Net Profit of $313,740 for 2024/25, providing a clear current earnings metric.
9. 17 years remaining, implying long-term tenure or agreement that secures future income.
10. Onsite comfortable two-bedroom residence with two bathrooms and large living area next to reception, supporting owner-operator convenience and 24/7 management.
11. Good access and ample parking, improving guest convenience and occupancy potential.
12. Shops next door for food and drinks, enhancing guest amenity and ancillary spend opportunities.
