Halls Gap, Victoria
A BEAUTIFUL LOCATION TO OWN YOUR OWN FREEHOLD MOTEL - 1836MF
REDUCED FREEHOLD $2,445,000
Business Description
- Stunning central location in Victoria’s fastest growing tourism sector.
- Freehold and business offer with potential for further growth.
- Fantastic business with 8.5% return on investment.
- Easy to manage 10 ground floor rooms but with potential to build more (subject to STCA).
- Manager’s three-bedroom residence with private garden and carport.
Become part of the great business and community lifestyle that living in Halls Gap offers you.
Breathtaking village and a bustling tourism business means living the dream!
Halls Gap tourism still showing favourable tourists flocking to the natural beauty of the Grampians.
Given the prediction of continuing growth, along with private and public committed investment, Halls Gap Motel can remain a very attractive motel business with boundless opportunity.
Adjusted Net Profit: $284,404 for 12 months (as provided by vendor)
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1836MF (quote when enquiring)
Property Code: 5230
Business Summary
Key Investment Insights
1. Freehold plus business sale, providing land ownership and operational control, with potential for capital growth.
2. Reported 8.5% return on investment, indicating strong yield relative to purchase price.
3. Adjusted net profit of $284,404 for the most recent 12 months, as provided by the vendor.
4. Prime central location in Halls Gap, within the Grampians tourism region, benefiting from high and continuing visitor demand.
5. Positioned in Victoria’s fastest growing tourism sector, supported by predicted ongoing growth and committed private and public investment.
6. Ten easy to manage ground floor rooms, offering simple operations and guest access.
7. Development upside, with potential to build more rooms subject to council approval (STCA).
8. Onsite manager’s three bedroom residence with private garden and carport, supporting onsite management and reducing staffing logistics.
9. Lifestyle and community appeal of Halls Gap, enhancing staff retention and guest experience through village ambiance and natural attractions.
10. Business described as bustling and established, suggesting an existing market presence and repeat visitation.