Halls Gap, Victoria
2384ML - A BRIGHT FUTURE AHEAD
SOLD
Business Description
Gariwerd Motel under this name and other guises has been around since the early sixties. While time has moved on the relevance of this 23 room motel remains constant.
The Taj Mahal it isn't. A lookalike from Melbourne's CBD? Absolutely not!
A place where the air is fresh, the water clear, the Milky Way shines, and the budget traveller is welcome. Well that's us.
There's 28 years of lease to enjoy here. That's a lot of time to make a difference - especially to your bank account.
This motel is just two years into its new lease, one that was created after the premises were left unloved for a short while. That means the trading figures show only the start of success with more still to come.
But already there's lifestyle and income. With the best yet to come.......
Net profit $86,517 for 2013/14.
Contact Reg Partington from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2384ML (quote when enquiring)
Location: Halls Gap VIC
Halls Gap is located 262 Kilometers North-West of Melbourne with a population of just 300. Sitting pretty at the foot of the Wonderland Range your will find the holiday town of Halls Gap, hub of the relaxing Grampians way of life.
Halls Gap caters to almost every need: it boasts cafes, gift stores, a variety of accommodation from camp sites to luxurious getaways, and an award-winning restaurant.
Halls Gap is the main tourist hub in the heart of the Grampians and is the perfect place from which to explore the National Park's unique rock formations, scenic lookouts, wildflowers and waterfalls. You will find that the town is within easy reach of many natural attractions, local village stores, taste tempting wineries and colourful galleries.
Property Code: 1174
Business Summary
Key Investment Insights
1. Established business with a long history and solid reputation in the industry.
2. Located in a popular tourist destination with potential for growth.
3. 23 room motel with 28 years remaining on the lease.
4. Recently renovated and improved, with potential for further growth and success.
5. Strong financial performance with a net profit of $86,517 in 2013/14.
6. Lifestyle and income opportunity for the owner.
7. Located in a picturesque and peaceful location with clean air and clear water.
8. Potential for further development and expansion of the business.
9. Experienced and knowledgeable broker available for further information and inspection.
10. Property ID: 2384ML.
11. Located in Halls Gap, a popular tourist hub in the Grampians region.
12. Close proximity to natural attractions, local stores, wineries, and galleries.
13. Property Code: 1174.
