Key Investment Insights
AI generated. Confirm details with the seller.
1. The business for sale is a motel located on the near city fringe of Melbourne, offering 15 up-to-date Choice branded rooms with a conference room.
2. Most of the rooms have recently undergone renovations, including updated bathrooms and king size beds that can convert to twins.
3. The motel has a strong corporate market and also sees high occupancy rates on weekends.
4. The location of the motel is ideal, as it is within a 90 minute drive from the Melbourne CBD and offers a peaceful escape from the city's industrial haze.
5. The property has the potential to change the buyer's life and is being sold at a reasonable price.
6. The net profit for the 2017/18 financial year was $140,467.
7. Interested buyers can contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.
8. The property is located in Drouin, a town in the rich agricultural area of West Gippsland, known for its scenic surroundings and annual gum tree flowering festival.
9. Drouin is also part of the Gourmet Deli Trail, offering a variety of local produce and smallgoods.
10. The property is listed under the ID 2562ML and property code 3041.