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

Marketing Agent
Andrew Cronin
Andrew Cronin

Key Investment Insights

1. The motel has a solid turnover, indicating a stable and profitable business.
2. The property has a large block with 21 immaculate ground floor rooms, providing ample space for guests.
3. The 2 bedroom residence, small boutique restaurant, and bar offer additional amenities for guests and potential for additional revenue streams.
4. The indoor heated swimming pool is a desirable feature for guests, especially during colder months.
5. Off-street parking is available, providing convenience and safety for guests.
6. The motel is one of the first in town from Melbourne, making it easily accessible for travelers.
7. The location is under 3.5 hours from Melbourne, making it a convenient destination for weekend getaways or longer trips.
8. An inspection of the property is highly recommended, as it is likely to impress potential buyers.
9. The property is situated in the countryside near the river, offering a peaceful and scenic setting for guests.
10. The net profit for 2018/19 was $220,756, indicating a profitable business with potential for growth.
11. The property is located in Horsham, a vibrant regional city with a strong economy and a range of attractions and activities for visitors.
12. The region offers a diverse mix of industries, including agriculture, retail, manufacturing, and tourism, providing a stable and dynamic business environment.
13. The property is listed under Property ID 2502ML and interested buyers should quote this when making inquiries.
14. The property is managed by Andrew Cronin from Tourism Brokers, who can provide further information and arrange inspections.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Motel Lease For Sale NSW ( Consistent Performer )
EXCITING OPPORTUNITY TO OWN YOUR OWN FREEHOLD MOTEL BY THE BAY - 2754MF
Redefining waterfront views – Noosaville’s absolute paradise management rights  | Resort Brokers ID : MR008048
Rare Freehold Going Concern Opportunity in busy Regional City | Resort Brokers ID : FH008015
GREAT STARTER LEASEHOLD MOTEL OPPORTUNITY - 2347ML
A CLASSIC PUB IN THE HEART OF TOWN - 116HF
Unlock Lucrative Returns with Effortless Part-Time Opportunities - ID 9115
3 FOR THE PRICE OF 2 FREEHOLD PACKAGE - 853MF2
IMMACULATE MOTEL LEASEHOLD WITH STUNNING OCEAN VIEWS - 501ML
GREAT STARTER MOTEL INVESTMENT OPPORTUNITY - 2347MI
GREAT STARTER MOTEL OPPORTUNITY - 2347MF
PURE LUXURY ACCOMMODATION WITH AN INCOME - 2811MF
Busy Lodge in the Heart of the Village
Exclusive - All About Location - Permanent Gem in Sought After Robina - ID 8943
Leasehold Motel, a standout in the Northern Rivers.
Thriving Caravan/Cabin Park with significant growth potential in Walkamin | Resort Brokers ID : FH008038
Acquire the leasehold of the tranquil Girraween Country Inn | Resort Brokers ID : LH008047
FREEHOLD PREMISIS + HOTEL BUSINESS + 10 ACCOMODATION ROOMS + 3 SHOPS!