Horsham, Victoria
2528ML - A CBD MOTEL WITH A 30 YEAR LEASE AND LOYAL SET OF CLIENTS
SOLD
Business Description
- 17 beautifully presented rooms
- Just one street off the main drag
- Close to government buildings
- Consistent occupancy
Horsham is a ‘full on’ regional centre for the agriculture that spreads for tens of kilometres in every direction from the city. There’s a lot of technology support to the industries, causing regular and frequent visitations from the sales and service sectors.
Plus the town marks the halfway point between Melbourne and Adelaide. Not everybody takes the plane or drives right through - either way.
And the footy season sees the added bonus of weekend visitation from those dyed in the wool supporters following their hopes and dreams for a premiership………… this year!
Net Profit $175,828 for 2016/17
Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2528ML (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: 2642
Business Summary
Key Investment Insights
1. Prime location in a bustling regional center with a strong agricultural industry and regular visitations from sales and service sectors.
2. Close proximity to government buildings and other major attractions.
3. Consistent occupancy rates due to a loyal set of clients and regular influx of visitors.
4. 17 beautifully presented rooms, providing comfortable and attractive accommodation options for guests.
5. Potential for increased profits during the footy season with weekend visitations from sports fans.
6. Net profit of $175,828 for the 2016/17 financial year.
7. 30 year lease in place, providing long-term stability and potential for growth.
8. Potential for further development and expansion in the future.
9. Scenic surroundings and nearby natural attractions make it an attractive destination for tourists.
10. Progressive and rapidly developing municipality with a strong entrepreneurial spirit and vision for the future.
