Horsham, Victoria

RIGHT AT THE TOP OF THE TOWN, ONE OF HORSHAM’S BUSIEST MOTELS - 2799ML

OFFERS OVER $950K CONSIDERED

Business Description

- This motel is being sold as a 'LEASEHOLD GOING CONCERN". GST does not apply.

- Close to the half way mark between Adelaide and Melbourne.

- A thriving town surrounded by all manna of agricultural endeavour.

- Horsham Motel presents as a refurbished motel of 20 rooms favoured by the budget conscious.

- A halfway point for AFL traffic following the winter games from both Victorian and South Australian camps.

- Horsham offers the big city convenience of schools, shops and sporting venues. Just closer to your doorstep.

- A very comfortable three bedroom manager’s residence (main with ensuite) awaits you.

- And a 35 year lease. Can’t do better than that!

- Late mail - 12 month occupancy to end September 2023 - 87.8%

Net Profit: $283,661 for 2022/23

Contact Annette Adams or Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2799ML (quote when enquiring)

Property Code: 4672

Business Summary

Marketing Agent
Annette Adams
Annette Adams

Andrew Cronin
Andrew Cronin

Key Investment Insights

1. Prime location in a busy town with a high volume of agricultural activity.
2. Recently refurbished motel with 20 rooms catering to budget-conscious travelers.
3. Strong demand from AFL traffic during winter season from both Victorian and South Australian camps.
4. Conveniently located near schools, shops, and sporting venues.
5. Includes a comfortable three-bedroom manager's residence with en-suite.
6. Long lease of 35 years.
7. High occupancy rate of 87.8% until September 2023.
8. Expected net profit of $283,661 for 2022/23.
9. Contact Annette Adams or Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
10. Property ID: 2799ML (quote when enquiring).
11. Property Code: 4672.
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