Kyneton, Victoria
AN ABSOLUTE RIPPER LEASEHOLD MOTEL - 2682ML
SOLD
Business Description
- Only 70 minutes from Melbourne and 50 minutes from the Airport.
- One of only two motels in town.
- All the hard work has been done - solar panels and double-glazed windows.
- 10 ground floor units with parking at the door.
- Centrally located - being the most popular motel in town.
- Easily run by one or two people, great staff in place.
- Situated in the Macedon Ranges offering many attractions for visitors, including only 15 minutes to Hanging Rock.
- This will not last long as demand for properties within 1.5 hours are high.
Net Profit: $199,962 projected by vendor for 2022/23
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2682ML (quote when enquiring)
Location: Located approximately 85kms from Melbourne in Central Victoria Kyneton is a thriving country town. With close proximity to Melbourne and Melbourne Airport, easy access via the Calder Freeway and the excellent train service makes it a great place to live or a fabulous destination for a day’s outing, a short stay, a base to explore the area or to operate a business.
Property Code: 4425
Business Summary
Key Investment Insights
1. Prime location: The motel is located in a popular tourist destination, only 70 minutes from Melbourne and 50 minutes from the airport. This makes it easily accessible for visitors and increases its potential for high occupancy rates.
2. Limited competition: The motel is one of only two in town, giving it a competitive advantage and potential for higher profits.
3. Upgraded facilities: The current owner has invested in solar panels and double-glazed windows, making the motel more energy-efficient and attractive to eco-conscious travelers.
4. Easy to manage: The motel can be easily run by one or two people, with great staff already in place. This makes it an ideal opportunity for first-time motel owners or those looking for a manageable business.
5. Popular location: The motel is centrally located and considered the most popular in town, ensuring a steady stream of guests and potential for repeat business.
6. Attractive tourist destination: The Macedon Ranges offer many attractions for visitors, including the famous Hanging Rock, making it a desirable destination for tourists.
7. High demand: Properties within 1.5 hours of Melbourne are in high demand, making this motel a highly sought-after investment opportunity.
8. Strong projected profits: The vendor has projected a net profit of $199,962 for 2022/23, making this a potentially lucrative investment for the new owner.
9. Easy access: Kyneton is easily accessible via the Calder Freeway and has an excellent train service, making it a convenient location for travelers.
10. Potential for growth: With the increasing popularity of the Macedon Ranges as a tourist destination, there is potential for the motel to expand and increase its profits in the future.
