Maryborough, Victoria
A Brand New Refurbished Hotel In The Heart Of The Goldfields - 148HL
LEASEHOLD $350,000
Business Description
- Your chance to show off your experience and customer service with this brand newly refurbished hotel in the thriving metropolis of Maryborough, central Victoria.
- Across the road from the infamous Maryborough train station, and in close proximity to the CBD, this hotel stands out as a new option for locals and visitors to the town.
- With all the hard work completed by the current owner, you can now walk into a fresh new start, showing off your new furniture, carpets, timber bench bar, lighting and comfortable lodgings.
- New 25 year lease PLUS 3 months free rent, with market rent of $130,000 plus GST with 2.5% annual increases.
Contact the exclusive agency - Tourism Brokers, to ensure you don’t miss out on this fantastic opportunity.
Adjusted Net Profit: $200,000 Projected
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 148HL (quote when enquiring)
Property Code: 5377
Business Summary
Key Investment Insights
1. Brand-new full refurbishment completed, enabling a turnkey reopen with no immediate capital expenditure on fittings and décor.
2. Recent upgrades include new furniture, carpets, timber bench bar, lighting and refreshed lodging areas, improving guest appeal and operational efficiency.
3. Projected adjusted net profit of $200,000, signalling immediate revenue-generating potential post-refurbishment.
4. New 25-year lease provides long-term tenure and stability for an incoming operator.
5. Lease package includes three months free rent, offering short-term cashflow relief at commencement.
6. Market rent set at $130,000 plus GST with 2.5% annual increases, allowing predictable rental escalation modelling.
7. Prime central Maryborough location, across the road from Maryborough train station, supporting strong passer-by and traveller visibility.
8. Close proximity to the CBD enhances access to local customers, services and businesses.
9. Positioned in the Goldfields region, offering tourism and regional visitor demand opportunities.
10. Current owner has completed refurbishment and handover preparations, lowering operational startup risk for the purchaser.
