Ballarat Central, Victoria
A RARE FIND SO CLOSE TO MELBOURNE - 2126ML
LEASEHOLD $1,200,000
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. 23 ground floor rooms, varied configurations, all reported in excellent condition, supporting diverse guest needs and accessibility.
2. Adjusted Net Profit of $313,740 for 2024/25, demonstrating current strong financial performance.
3. Longstanding motel with a documented history of strong returns, indicating proven revenue stability.
4. 17 years remaining on the property term, offering medium‑term ownership certainty and income continuity.
5. Prime proximity to Melbourne city centre, enhancing demand from business and leisure travellers.
6. Close to top schools and major hospitals, broadening customer catchment including visiting families and medical travellers.
7. Good access and ample on‑site parking, facilitating guest convenience and higher occupancy potential.
8. Shops adjacent to the property for food and drinks, adding convenience value for guests and potential ancillary revenue.
9. Onsite two‑bedroom residence with two bathrooms and large living area next to reception, supporting owner‑operator convenience and on‑site management.
10. Broker contact and property identifiers provided, enabling straightforward enquiry and inspection arrangements.
