Creswick, Victoria
2497ML - A BALLARAT CLOSE MOTEL OFFERING THE BIGGEST POTENTIAL
SOLD
Business Description
There are only ten rooms.
They are all well made over, and include an updated and very well presented 3 bedroom residence
Creswick Motel services a consistent clientele of Melbourne University academia and forestry students.
Just a quiet ten minutes from Ballarat and sitting at the edge of the golden triangle and the new tourist gold a clip over an hour from Melbourne.
Offering a very fair rent, and an immediate path to marketing success to a well-heeled customer base.
Ask us about the potential growth and listen as we whisper!
Net profit $99,184 for 2018/19
Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2497ML (quote when enquiring)
Location: Creswick lies at the heart of the central goldfields, just 16kms north of Ballarat and neighbouring the iconic tourism regions of Clunes, Daylesford, the Hepburn spa country, and the Macedon Ranges. This historic Victorian gold mining town, cradled between ancient volcanic hilltops, is a picturesque town boasting a resident population of more than 3,000 people. Set amongst majestic eucalypts, Creswick's broad elegantly curved main street is lined with buildings that owe their existence to the region's common benefactor - gold.
Property Code: 3291
Business Summary
Key Investment Insights
1. The business for sale is a 10-room motel located in Creswick, a historic Victorian gold mining town.
2. The motel has undergone recent renovations and includes a well-presented 3 bedroom residence.
3. The clientele of the motel consists mainly of Melbourne University academia and forestry students.
4. The location of the motel is just a 10-minute drive from Ballarat and is situated at the edge of the golden triangle and the new tourist gold.
5. The rent for the motel is considered fair and there is potential for marketing success to a well-heeled customer base.
6. The potential for growth in the business is promising and can be discussed further with the current owners.
7. The net profit for the 2018/19 financial year was $99,184.
8. The business is listed with Property ID: 2497ML and interested parties should quote this when enquiring.
9. Creswick is surrounded by popular tourist destinations such as Clunes, Daylesford, the Hepburn spa country, and the Macedon Ranges.
10. The town has a population of over 3,000 people and is known for its picturesque scenery and historic buildings.
