87-95 Tarcombe Street, Euroa, Victoria
Beautifully presented Freehold Going Concern Motel
SOLD
Business Description
Exclusive to Tower Business Brokers is this outstanding freehold Motel, ideally located just off the Hume Highway in picturesque and popular region of North East Victoria.
The motel boasts 12 beautifully presented units and prominent main street frontage, on over 1 acre of land. The property also has lovely grassed grounds, an inground swimming pool, BBQ area and an abundant space for parking.
The motel has a wide range of clientele, from highway travellers, wedding guests, sporting events, company & sales representatives, workers and holiday makers, with an outstanding guest rating and excellent reviews, this results in very strong and consistent all year round income.
We don't see many freehold motels come on the market in this price range, this very profitable business ticks the boxes and an outstanding opportunity that will no doubt appeal to many buyers.
We do anticipate strong interest in this property, don't miss out and contact Tower Business Brokers today for further information.
* Pease note, inspections are strictly by appointment only.
Business Summary
Key Investment Insights
1. Freehold going concern, offering land and business purchase in one transaction.
2. Prime location just off the Hume Highway in North East Victoria, providing strong passing trade and regional access.
3. Prominent main street frontage, enhancing visibility and walk-in potential.
4. 12 well presented units, suitable for couples, families and short-stay guests.
5. Property sits on over 1 acre, allowing space for amenities and future expansion.
6. On-site features include lovely grassed grounds, an inground swimming pool and a BBQ area, improving guest experience and appeal for leisure stays.
7. Abundant parking, supporting coaches, work crews, wedding parties and high-occupancy bookings.
8. Diverse, repeatable customer mix including highway travellers, wedding guests, sporting event attendees, company representatives, workers and holiday makers.
9. Outstanding guest rating and excellent reviews, driving strong and consistent year-round income.
10. Advertised as very profitable and rare in this price range, likely to attract strong buyer interest; inspections by appointment only.
