44 Gladstone Road, Glenrowan, Victoria
UNDER CONTRACT - Glenrowan Kelly Country Motel, VIC - 1P0529
Freehold Going Concern - $1,795,000
Business Description
McDonald Hospitality Brokers is delighted to present the freehold going concern sale of the Glenrowan Kelly Country Motel.
This ideal entry level motel is easy to run and presents a perfect opportunity to combine both business and lifestyle in one of Victoria's most historically significant tourism destinations.
Key Features:
* 12 x beautifully presented single level motel units including 4 x very sharp, new units implemented - opening in late February 2025.
* A complete rejuvenation of the motel exterior and its presentation across landscaped gardens and painting of motel building.
* Well-maintained, single-level 2-bedroom, 1-bathroom home provides convenient living for the owner operator.
* Ideally located in the heart of this famous tourist town and overlooks the famous Ned Kelly siege site and Wangaratta regions information centre.
* Unique entry level freehold going concern motel offering for genuine sale. Ideal for the owner operator.
* Situated upon approx. 1.991m2 of CZ1 - Commercial Zoned land
* Turn-key offering where all the hard work has been done - A must to inspect.
Strategically located in a one-motel town on the busy Hume Highway, this property enjoys exclusive accommodation trade with strong visibility and consistent passing traffic.
For more information or to make an enquiry, contact us direct on ---------- .
Business Summary
Other Features / Notes
EXCLUSIVE, Freehold, Motel, Under Contract, VIC - North EastKey Investment Insights
1. Freehold going concern sale, rare entry-level motel freehold offering in a tourism-focused town, ideal for long-term asset ownership.
2. 12 single-level motel units, including four new high-spec units scheduled to open in late February 2025, increasing accommodation capacity and appeal.
3. Single-level configuration promotes ease of operations and low maintenance compared with multi-storey properties.
4. Recent comprehensive exterior rejuvenation, including landscaping and repainting, improves curb appeal and reduces immediate CapEx requirements.
5. On-site, well-maintained two-bedroom, one-bathroom owner-operator residence provides convenient, cost-effective living and management.
6. Positioned in the heart of a historically significant tourist destination, overlooking the Ned Kelly siege site and adjacent to the Wangaratta region information centre, boosting visitor demand.
7. Located in a one-motel town on the busy Hume Highway, delivering exclusive accommodation trade, strong visibility and consistent passing traffic.
8. Situated on approximately 1,991 m2 of CZ1 commercial zoned land, offering potential planning flexibility and clear commercial use.
9. Marketed as a turnkey opportunity, with recent upgrades and operational readiness meaning minimal immediate input required from a new owner.
10. Under contract status indicates active buyer interest and validates the asset’s market appeal.
