Key Investment Insights
AI generated. Confirm details with the seller.
1. Located in a popular tourist destination, only two hours from Melbourne.
2. Diverse range of activities and attractions in the surrounding area, making it a popular destination for tourists.
3. Established and successful business with a long history of serving tourists and locals.
4. Boutique motel with 12 well-maintained rooms and a comfortable three bedroom home.
5. Limited competition in the area, giving the business a competitive advantage.
6. High occupancy rate of 50% and room yield of $150-$180 per night.
7. Easy to run business, suitable for a couple or small family.
8. Affordable price, similar to the median price of a suburban Melbourne house.
9. Close proximity to schools and other amenities.
10. Opportunity for new owners to own both a business and land.
11. Projected net profit of $119,854 for 2022/23.
12. Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.
13. Property ID: 2494MF (quote when enquiring).
14. Property Code: 4864.