21 Bridge Street West, Benalla, Victoria
Rock solid Freehold Motel in high performing regional city
SOLD
Business Description
The Avondel Motor Inn is located in the heart of one of Regional Victoria's premier accommodation city's. Benalla is a bustling rural city, just off the Hume Highway, with year round attractions drawing in a wide range of clientele, including Winton Motor Raceway, the Street Art & Rose City Festivals, local wineries, Ned Kelly history, Winton Wetlands and the Victorian snowfields and iconic Murray River close by.
- Recent renovations & upgrades to all 18 units and the residence.
- Outstanding guest reviews (9.0 Superb Booking.com) assuring repeat clientele
- Short walking distance to the towns main Hotel, Bowls Club and CBD.
- Very popular motel with consistent year on year income & profits
With the local real estate market booming, the Avondel Motor Inn presents a perfect opportunity to purchase a rock solid freehold motel in an excellent accommodation city. Make your enquiry today & receive more information on the motel, why not book an inspection & take a look around town while your there, you're sure to be impressed.
Business Summary
Key Investment Insights
1. Prime location in a high performing regional city with year-round attractions drawing in a wide range of clientele.
2. Recently renovated and upgraded with 18 units and a residence.
3. Outstanding guest reviews (9.0 Superb Booking.com) ensuring repeat clientele.
4. Short walking distance to the town's main hotel, bowls club, and CBD.
5. Consistent year-on-year income and profits.
6. Booming local real estate market presents a perfect opportunity for investment.
7. Opportunity for growth and expansion in a popular and in-demand location.
8. Potential for additional revenue streams such as events and packages.
9. Well-maintained and well-presented property with a strong reputation.
10. Motivated seller and opportunity for a smooth transition.
11. Potential for owner-operator or management team.
12. Proximity to popular tourist destinations such as Winton Motor Raceway, wineries, and the Murray River.
13. Potential for further development and expansion on the property.
14. Strong potential for long-term success and profitability in a growing market.
