Kyneton, Victoria

AN ABSOLUTE RIPPER LEASEHOLD MOTEL - 2682ML

UNDER CONTRACT

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

Marketing Agent
Andrew Cronin
Andrew Cronin

Key Investment Insights

1. Leasehold motel offering established trading position, one of only two motels in town, implying limited local competition.
2. Strong financial result with Adjusted Net Profit of $240,175 for 2024/25, indicating healthy cashflow.
3. Prime regional location in the Macedon Ranges, approximately 70 minutes from Melbourne and 50 minutes from the airport, supporting both short breaks and airport access.
4. Close proximity to key tourist drawcards, only 15 minutes to Hanging Rock, enhancing seasonal and leisure demand.
5. Ten ground-floor units with parking at the door, offering convenience for guests and straightforward operations.
6. Recent capital works completed, including solar panels, double-glazed windows and room renovations, reducing near-term capital expenditure and energy costs.
7. Centrally located and described as the most popular motel in town, supporting strong market positioning and occupancy potential.
8. Small-scale operation easily run by one or two people, reducing labour requirements and operating complexity.
9. Existing experienced staff in place, facilitating a smooth ownership transition and continuity of service.
10. High market demand for properties within 1.5 hours of Melbourne, suggesting strong buyer interest and resale or investment appeal.
11. Leasehold structure requires enquiry into lease terms and conditions, given no freehold value stated and Property ID provided for due diligence.
12. Current listing status shows under contract, signalling immediate market interest and limited availability.
Listing location

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