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

Marketing Agent
Andrew Cronin
Andrew Cronin

Key Investment Insights

AI generated. Confirm details with the seller.

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.
Listing location

This Business is sold

Listing Tools

Management Rights

STAY UP TO DATE

Receive new listing alerts

Sign up

Industry news from AccomProperties

Similar Motels For Sale

You may also like

Palm Cove Paradise at an affordable Price
Absolute Beachfront Lifestyle Business – The Shores, Mackay
A FANTASTIC FREEHOLD HOTEL & MOTEL OPPORTUNITY! - 157HF
Simple Duties with Spacious, Quality 2 Bed Residence - ID 9245
Dargo Motor Inn. Freehold & Business.
Freehold Motel & Caravan Park Delivering Exceptional Return With 83% Growth | Resort Brokers ID : FH009388
RARE SHORT-TERM FOCUSSED OFF-THE-PLAN MANAGEMENT RIGHTS IN BURLEIGH HEADS | RB ID : OTP009438
A Port Douglas Original – Genuine, Welcoming and Distinctively Different
A Coastal Management Rights Opportunity in Mooloolaba Circa 30% R01
Secure 22-Year Freehold Investment backed by long-term secure lease. | Resort Brokers ID : INV009412
Off The Plan Business-Only in inner-city fringe with projected $177k+ Net profit | RB ID : OTP009406
EXCEPTIONAL LIFESTYLE WITH A SIMPLE COMMUNITY BASED COUNTRY PUB IN THE MIDDLE OF TOWN - 52HF
GOLDEN OPPORTUNITY, THRIVING LEASEHOLD MOTEL FOR SALE IN PRIME LOCATION - 1033ML
FREEHOLD GOING CONCERN MOTEL WESTERN QLD
OUTSTANDING OFF THE PLAN MIXED-USE MANAGEMENT RIGHTS - $1.6M+ PROJ. NET PROFIT | Resort Brokers ID : OTP009440
Whitsundays Management Rights, $314,779 Net Profit, 20 Years Security | Resort Brokers ID : MR009437
Long-Term Income Security – Established Management Rights | 18.6% ROI
BRISBANE NORTHSIDE FREEHOLD - 2911MF