Kerang, Victoria

AN ABSOLUTE PEARLER OF A MOTEL - 2797MF

REDUCED FREEHOLD $2,450,000

Business Description

- A Freehold Going concern motel that is in mint condition.

- With all the hard work done, sit back and reap the rewards.

- An easy to run motel, that has 12 ground floor beautifully refurbished rooms.

- A generous 3 bedroom residence that would suit the most fastidious family.

- Number 1 rated motel in town by TripAdvsior.

- Recently installed solar system, automatic sprinkler system, and CCTV.

- Great repeat clientele and occupancy rate.

- An inspection will certainly impress.

- Vendor finance is available TAP.

Net Profit: $319,473 for 2022/23

Property ID: 2797MF (quote when enquiring)

Property Code: 4680

Business Summary

Marketing Agent
Andrew Cronin
Andrew Cronin

Key Investment Insights

1. Well-maintained and recently refurbished motel with 12 ground floor rooms.
2. Includes a spacious and modern 3 bedroom residence.
3. Highly rated by TripAdvisor, indicating a strong reputation and satisfied customers.
4. Recent upgrades such as solar system, sprinkler system, and CCTV add value and efficiency.
5. Strong repeat clientele and high occupancy rate.
6. Vendor financing available for qualified buyers.
7. Profitable business with a projected net profit of $319,473 for 2022/23.
8. Located in a desirable and popular area, likely to attract both business and leisure travelers.
9. Easy to run business, suitable for a family or owner-operator.
10. Opportunity for further growth and expansion.
11. Highly desirable and sought-after freehold going concern.
12. Mint condition and ready for new owners to take over and reap the rewards.
13. Inspection is highly recommended to appreciate the quality and potential of this business.
14. Property ID: 2797MF, quote when enquiring.
15. Property Code: 4680.
Listing location

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