Maryborough, Victoria
A Brand New Refurbished Hotel In The Heart Of The Goldfields - 148HL
LEASEHOLD - POA
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.
- PRICE ON APPLICATION
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, presenting turnkey opportunity with new furniture, carpets, lighting, and comfortable lodgings.
2. Attractive front-of-house upgrades include a timber bench bar, supporting improved guest experience and F&B offerings.
3. Prime central location in Maryborough, central Victoria, directly across from Maryborough train station and close to the CBD, enhancing foot traffic and accessibility.
4. Positioned to serve both locals and visitors, offering a fresh alternative in the local accommodation market.
5. New 25 year lease in place, providing long-term tenure and operational stability for an incoming operator.
6. Lease concession of three months free rent, reducing initial cashflow pressure for a new operator.
7. Market rent set at $130,000 plus GST with 2.5% annual increases, enabling predictable occupancy cost modelling.
8. Projected adjusted net profit of $200,000, indicating clear potential returns based on current projections.
9. Current owner completed all major refurbishment work, allowing a buyer to focus immediately on operations and customer service rather than capex.
10. Exclusive listing with Tourism Brokers, contact Andrew Cronin, Property ID 148HL, price on application, signalling sale process via a single agent and negotiable price.
