Kerang, Victoria
COUNTRY OPPORTUNITY WITH A BRIGHT FUTURE - 2453ML
REDUCED LEASEHOLD $550,000 + SAV
Business Description
The Kerang Motel offers guests a central location with hotels, supermarkets and eateries within walking distance.
Quiet location away from the Highway.
Excellent consistent trade.
80% occupancy rate, with 70% of business being repeat guests.
Easily run motel for a couple looking for a friendly country lifestyle change.
Opportunity to capitalize on the K-bar, offering conferences, meals, events and more.
Stage two solar farm about to commence, injecting huge benefits to the town’s economy, now is the time to reap the rewards.
Net Profit: $156,154 for 2022/23
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2453ML (quote when enquiring)
Location: Kerang is strategically positioned on the highway network between Swan Hill, Echuca and Bendigo in the productive north-west irrigation area of Victoria, producing lucerne, grain and vegetable crops. Investment in this region over recent years has been strong due to its position, quality infrastructure, affordable industrial land and housing. Kerang is also the centre of a rich and varied agricultural region of cattle and sheep grazing, dairying, with vineyards and orchards on the river flats. Dairying is widespread as evidenced by dairy factories at Leitchville and Cohuna, and seemingly hectares of cows. Nearby are the extensive wheatlands of the Mallee.
Visitors and new residents are warmly welcomed and provided with services expected of a larger regional centre. For those looking for a change in lifestyle away from high cost and overcrowded cities, great opportunities are available.
Property Code: 4784
Business Summary
Key Investment Insights
1. The Kerang Motel is located in a central location with easy access to hotels, supermarkets, and eateries.
2. The motel is situated in a quiet location away from the highway, providing a peaceful stay for guests.
3. The motel has a consistent and excellent trade, with a high occupancy rate of 80%.
4. The majority of the motel's business comes from repeat guests, showing a loyal customer base.
5. The motel is easily run by a couple, making it an attractive opportunity for those seeking a country lifestyle change.
6. The K-bar offers potential for additional revenue through conferences, meals, events, and more.
7. The upcoming stage two solar farm will bring significant economic benefits to the town, providing an opportunity for the motel to capitalize on.
8. The projected net profit for 2022/23 is $156,154, showing strong potential for profitability.
9. The town of Kerang is strategically located in a productive agricultural region, providing a stable and diverse economy.
10. The town is welcoming to visitors and new residents, with a range of services and opportunities available.
11. The motel is well-positioned to take advantage of the growing interest in regional and rural areas as a lifestyle change option.
