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 situated in a prime location, only 70 minutes from Melbourne and 50 minutes from the airport. This makes it easily accessible for both local and international visitors.
2. Limited competition: The motel is one of only two in town, giving it a competitive advantage in the local market.
3. Upgraded facilities: The current owner has invested in solar panels and double-glazed windows, making the property more energy-efficient and attractive to guests.
4. 10 ground floor units: The motel has 10 ground floor units, each with parking at the door. This makes it convenient for guests to access their rooms and provides a sense of privacy.
5. Centrally located: The property is centrally located and is the most popular motel in town. This makes it a preferred choice for visitors looking for accommodation in the area.
6. Easy to run: The motel can be easily run by one or two people, with great staff already in place. This makes it an ideal opportunity for owner-operators or investors looking for a low-maintenance business.
7. Tourist hotspot: The motel is situated in the Macedon Ranges, a popular tourist destination with many attractions for visitors. This includes being only 15 minutes from Hanging Rock, a popular landmark in the area.
8. High demand: Properties within 1.5 hours of Melbourne are in high demand, making this motel a valuable investment opportunity.
9. Strong projected net profit: The vendor has projected a net profit of $199,962 for 2022/23, making this a profitable business opportunity.
10. Easy access: Kyneton is easily accessible via the Calder Freeway and has an excellent train service, making it a convenient destination for visitors and a great place to live.
