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
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
