Halls Gap, Victoria
2054ML - Grampians Motel Selling on a 36% Return
SOLD
Business Description
- Set on approximately 12 acres.
- Stunning views of the iconic Grampians ranges.
- Well established and growing clientele (year on year) from both local and increasing international markets.
- Best on the block offering 30 x 3.5 star quality rooms, a managed restaurant, and new events centre for both corporate and leisure opportunities.
- Fully staffed and easily managed.
- A TripAdvisor favourite!
- This property comes with an excellent trading record, brought about by consistent delivery to guest expectations.
- Every profit centre adds to the bottom line.
Halls Gap is becoming a second home to the traditional hikers, the new mountain bikers, the white water paddlers and even those who operate at a more leisurely pace.
Well made over, a fully managed opportunity, or ready for your direction
There's an even bigger bottom line waiting for you.
Note: Victorian leasehold purchases do not attract state stamp duty, the lessee is not responsible for the lessor's land tax, vendor's personal guarantees do not apply at transfer, compulsory market review occurs at start of every option, and rent can move downward.
Contact Reg Partington from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2054ML (quote when enquiring)
Location: Halls Gap is located 262 kms 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: 2014
Business Summary
Key Investment Insights
1. The Grampians Motel is set on approximately 12 acres and offers stunning views of the iconic Grampians ranges.
2. The business has a well-established and growing clientele from both local and international markets.
3. The property offers 30 quality rooms, a managed restaurant, and a new events centre for corporate and leisure opportunities.
4. The business is fully staffed and easily managed.
5. The Grampians Motel has a strong reputation on TripAdvisor.
6. The property has an excellent trading record and consistently meets guest expectations.
7. The business has multiple profit centers, adding to the bottom line.
8. Halls Gap is a popular destination for hikers, mountain bikers, and other outdoor enthusiasts.
9. The business is fully renovated and can be operated as a managed opportunity or under new ownership.
10. Victorian leasehold purchases do not attract state stamp duty and the lessee is not responsible for the lessor's land tax.
11. The property has a compulsory market review at the start of every option and rent can potentially decrease.
12. The property is located in Halls Gap, a popular tourist hub in the heart of the Grampians.
13. Halls Gap offers a variety of amenities, including cafes, gift stores, accommodation options, and an award-winning restaurant.
14. The town is within easy reach of many natural attractions, local stores, wineries, and galleries.
