Hamilton, Victoria

Affordable Budget Motel Freehold in thriving Hamilton | Resort Brokers ID : FH008410

$1,150,000

Business Description

Invest in Hamilton’s thriving accommodation market with the Budget on the Lake Motor Inn, offering recently refurbished rooms and a spacious owner’s residence. The property sits on a large block opposite Lake Hamilton.

Don’t judge a book by its cover! ResortBrokers introduces the Budget on the Lake Motor Inn, a well-located 12-room motel with significant scope for growth, in central Hamilton.

Situated opposite Lake Hamilton, Budget on the Lake Motor Inn is set to enjoy all that Hamilton has to offer. The large property presents with 12 rooms, each recently refurbished. The motel enjoys a steady occupancy, attracting a blend of mid-week corporate travellers and weekend leisure seekers. This diverse clientele ensures a consistent stream of revenue. With significant room for growth, this freehold going concern is an attractive proposition for owner-operators.
The motel also features a spacious owner’s residence, complete with three bedrooms and two bathrooms, providing a comfortable living arrangement for the owners or a manager.

- High occupancy rates in a thriving town
- Rooms recently upgraded with modern amenities
- Appeals to a diverse clientele, from corporate to leisure travellers
- Twelve elegantly appointed rooms
- Expansive owner's residence with ample space
- Large 1,615sqm block allowing for further development
- Inspection by appointment only
Date updated: 09 Mar 2025 22:00:05