Geelong, Victoria

1853ML - A QUALITY MOTEL CLOSE TO MELBOURNE

SOLD

Business Description

- The demand for quality motels within an hour of Melbourne is high.

- Solid income with regulars choosing this motel above all.

- Sporting events, tradies, and celebrations are the main source of revenue.

- All 15 rooms ground floor are modern, clean and quiet.

- Consistent income with good rent allows for a comfortable living.

- Refurbishment requirements are up to date and completed to a high standard.

- This motel presents as new.

- Don’t miss this opportunity to live in one of Victoria’s most popular city outside Melbourne.

- A very spacious residence is rare, with an option to downsize and add another room to sell.

Call now for an inspection to avoid disappointment. Exclusive to Tourism Brokers.

Net Profit: $229,091 for 2018/19

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1853ML (quote when enquiring)

Property Code: 3884

Business Summary

Marketing Agent
Andrew Cronin
Andrew Cronin

Key Investment Insights

1. High demand for quality motels within an hour of Melbourne
2. Regular clientele and repeat business
3. Diverse sources of revenue including sporting events, tradies, and celebrations
4. Modern, clean, and quiet ground floor rooms
5. Consistent income and good rent for comfortable living
6. Up-to-date and high standard refurbishment completed
7. Spacious and well-maintained residence
8. Potential for downsizing and adding another room for additional revenue
9. Located in one of Victoria's most popular cities outside of Melbourne
10. Opportunity to live and work in a desirable location
11. Net profit of $229,091 for 2018/19
12. Exclusive to Tourism Brokers
13. Property ID: 1853ML
14. Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection
15. Property Code: 3884
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Exceptional Income Potential with Luxurious Residence - ID 8581
Family Hotel, Cootamundra NSW - 1P0382
A BUSINESS YOU WILL BE PROUD TO OWN - 2783ML
Easy Permanent with Big Body Corporate Salary $145K and 3% Annual Increase
Hotel in Daylesford Region - 1P5914
Permanent, Long term agreements, great salary, ideal location | Resort Brokers ID : MR008116
Acquire a Premier Resort LH- Newly Refurbished Suites with a Loyal Customer Base | Resort Brokers ID : LH008145
Price Drop - Compact Caretaking-Only MR in Brisbane's Inner-North | Resort Brokers ID : MRB008143
Leasehold interest of Quest Maitland perched on the Hunter River | Resort Brokers ID : LH008037
Hotel/motel, caravan park and a mail-sorting business - This FHGC has it all | Resort Brokers ID : FH008008
Simple, Neat and Tidy!
PERFECT PORTFOLIO ADDITION - CARETAKE THIS LUXURY KIRRA PROPERTY | Resort Brokers ID : MRC008134
Captivating Kauri Coast TOP 10 Holiday Park  A Thriving Gem!
Top Location Urgent Sale Cairns
Easy Business with High Income - ID 9126
Boutique NDIS Registered Provider  Gold Coast
Very Profitable Slice of NZ Paradise
Dunedin 21 Stylish Quiet Units - 2016 Full Reno