Key Investment Insights
AI generated. Confirm details with the seller.
1. Freehold Art Deco motel in historic Beechworth, offering ownership of both the accommodation business and underlying property.
2. Approximately $1.3 million invested in room renovations completed around 2019, with further upgrades by the current owner.
3. Additional improvements include reception, driveway, laundry, manager’s unit, carpets, mattresses and décor.
4. Off site management since 2020, supported by an onsite manager and casual cleaning staff.
5. Diverse guest mix spans tourism, corporate, trade and executive travellers, supporting multiple sources of demand.
6. Located in Victoria’s High Country, approximately three hours from Melbourne, near breweries, scenic attractions and gold rush history.
7. Room rates starting from $142 are below the stated Beechworth average daily rate of $249, indicating repositioning potential.
8. Underutilised marketing and repositioning opportunities are identified as potential avenues for future growth.
9. Beechworth’s tourism profile and reported regional motel occupancy provide a strong setting for the business.
10. Detailed financial information is available to qualified enquiries subject to confidentiality.
