132 Station Street, Koo Wee Rup, Victoria

SOLD - Koo Wee Rup Motel

SOLD

Business Description

CRE Brokers are pleased to be appointed as the Exclusive Agency for the leasehold of the Koo Wee Rup Motel.

This is a well appointed 9 room motel, currently run under management, very low overheads and low maintenance, inspections will impress.
Koo Wee Rup is booming, and with the shopping centre across the road, increasing turnover, this is an excellent solid business for the first timer, or someone wanting to scale back to a very easy to operate motel.

This is the only motel in town and hosts workers, reps, over flow from Phillip Island, events, the race track, you name it, this motel always has consistent trade.

This is a great opportunity to acquire a cash cow business with a proven track record, great reviews and strong repeat clientele.

Koo Wee Rup is your next destination, 70km from Melbourne CBD and 60km to Phillip Island, the location can't get any better in the fastest growth corridor in Victoria.

Business Summary

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:VIC - Gippsland
Marketing Agent
Phil Mammolito
Phil Mammolito

Phil Mammolito
Phil Mammolito

Key Investment Insights

AI generated. Confirm details with the seller.

1. Well-appointed 9 room motel with low overheads and low maintenance.
2. Located in the booming town of Koo Wee Rup, with a shopping centre across the road.
3. Only motel in town, providing consistent trade from workers, reps, and tourists.
4. Great opportunity for first-time buyers or those looking to scale back to an easy-to-operate motel.
5. Cash cow business with proven track record, great reviews, and strong repeat clientele.
6. Prime location in the fastest growth corridor in Victoria, only 70km from Melbourne CBD and 60km from Phillip Island.
7. Currently run under management, providing potential for hands-on owner to increase profits.
8. Hosts a variety of guests, including those attending events and races at nearby Phillip Island.
9. Easy to operate business with minimal maintenance and overhead costs.
10. Leasehold opportunity, providing a more affordable entry into the motel industry.
11. Strong potential for growth and expansion with the ongoing development of Koo Wee Rup.
12. Highly desirable location for both tourists and business travelers.
13. Proximity to major attractions and amenities makes it a convenient choice for guests.
14. Well-maintained and highly rated by guests, providing a strong reputation and brand.
15. Ideal business for those seeking a lifestyle change in a peaceful and growing community.
Listing location

This Business is sold

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HASTINGS

Leasehold $600,000

Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

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