Ballarat Central, Victoria
A RARE FIND SO CLOSE TO MELBOURNE - 2126ML
UNDER CONTRACT
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, near top schools and major hospitals, offering strong demand drivers for leisure and corporate guests.
2. Established long standing motel, signalling operational history and market recognition.
3. 23 ground floor rooms, providing accessibility advantages and simplified housekeeping and maintenance.
4. Variety of room configurations, enabling appeal to diverse guest segments and flexible revenue management.
5. Rooms described as being in excellent condition, reducing near-term capital expenditure requirements.
6. Adjusted Net Profit of $313,740 for 2024/25, demonstrating solid cashflow performance.
7. 17 years remaining, indicating medium-term tenure/security of the business asset or agreement.
8. Onsite comfortable two bedroom residence with two bathrooms and large living area adjacent to reception, supporting owner-operator convenience or staff accommodation.
9. Good access and ample parking, enhancing guest convenience and drive-in clientele appeal.
10. Shops next door for food and drinks, adding convenience for guests and potential ancillary revenue opportunities.
