Kyneton, Victoria
AN ABSOLUTE RIPPER LEASEHOLD MOTEL - 2682ML
LEASEHOLD $900,000
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, double glazed windows and room renovations.
- 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 of Melbourne are high.
Adjusted Net Profit: $240,175 for 2024/25
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2682ML (quote when enquiring)
Property Code: 5430
Business Summary
Key Investment Insights
1. Leasehold motel located 70 minutes from Melbourne and 50 minutes from the airport, offering strong accessibility to major transport hubs.
2. Adjusted net profit of $240,175 for 2024/25, demonstrating solid current earnings.
3. One of only two motels in town, indicating limited local competition and market share potential.
4. Ten ground floor units with parking at the door, appealing to drive-up guests and families.
5. Recent capital improvements completed, including solar panels, double glazed windows and room renovations, reducing near-term capex needs.
6. Centrally located and described as the most popular motel in town, supporting steady demand and visibility.
7. Operationally simple to run, manageable by one or two people, which lowers labour overhead and owner involvement.
8. Established staff in place, providing continuity of operations and potential for smooth ownership transition.
9. Situated in the Macedon Ranges, offering multiple visitor attractions that support leisure demand.
10. Only 15 minutes to Hanging Rock, a notable local attraction likely to drive consistent occupancy.
11. Market tailwinds noted, with high demand for properties within 1.5 hours of Melbourne, supporting potential capital growth.
