2502ML - LEASEHOLD MOTEL THAT HAS THE WOW FACTOR
- 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
Key Investment Insights1. 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.