Horsham, Victoria
2502ML - LEASEHOLD MOTEL THAT HAS THE WOW FACTOR
SOLD
Business Description
- Ideal motel for a couple to run, with a 20 year Lease.
- Solid turnover.
- Large block, with 21 immaculate ground floor rooms.
- 2 bedroom residence, with small boutique restaurant and bar.
- Indoor heated swimming pool.
- Off street parking available.
- One of the first motels into town from Melbourne.
- Under 3.5 hours from Melbourne.
- An inspection will not disappoint.
- Don’t miss this countryside property, near the river.
Net Profit: $220,756 for 2018/19
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2502ML (quote when enquiring)
Location: Horsham, known as the capital of the Wimmera, with Green Lake as the gateway to the region provides a fantastic location for family recreational activity. Located on the banks of the Wimmera River it is a handy base to explore the region's nearby natural attractions. You will find art festivals, musical performances, a superb art gallery, excellent theatre along with major sporting events and family-friendly activities. The wider region offers scenic bushland, mountains and waterways. Wartook Valley, in the Grampians, and the Black Range State Park are a picturesque short drive away.
The Horsham Rural City is a progressive, engaged and rapidly developing municipality. Situated in the Melbourne - Adelaide corridor this major regional city boasts an entrepreneurial spirit with a strong vision for its long-term future through an innovative 'can do' attitude.
Whilst agriculture has long provided the backbone of the region's economy, retail trade, manufacturing, business and professional services, health and community services, education and tourism all contribute significantly to the Horsham Rural City's dynamic and diverse business mix.
Property Code: 3843
Business Summary
Key Investment Insights
1. The motel has a solid turnover, making it a profitable business opportunity.
2. The property has a large block with 21 immaculate ground floor rooms, providing ample accommodation for guests.
3. The 2 bedroom residence, small boutique restaurant, and bar add to the overall appeal and potential income of the business.
4. The indoor heated swimming pool is a desirable feature for guests, especially during colder months.
5. The motel has off-street parking available, making it convenient for guests with vehicles.
6. Its location as one of the first motels into town from Melbourne makes it easily accessible for travelers.
7. The property is located under 3.5 hours from Melbourne, making it a convenient destination for weekend getaways.
8. An inspection of the property will not disappoint, indicating the high quality and maintenance of the motel.
9. The countryside location, near the river, adds to the charm and appeal of the property.
10. The net profit for 2018/19 was $220,756, indicating the potential for a strong return on investment.
11. The property is listed with Property ID: 2502ML and interested parties should quote this when making inquiries.
12. Horsham is a vibrant regional city with a strong economy and a range of cultural and recreational activities for visitors to enjoy.
13. The wider region offers scenic natural attractions, making it a desirable destination for tourists.
14. Horsham Rural City is a progressive and rapidly developing municipality, indicating potential for growth and development in the area.
15. The property is situated in the Melbourne-Adelaide corridor, making it a convenient stopover for travelers between the two cities.
