Melton, Victoria
MELTON, ONE OF MELBOURNE’S GROWTH CORRIDORS AND ONLY ONE MOTEL - 2812ML
SOLD
Business Description
In a city of almost 200,000 and less than 50 kilometres from the Melboure CBD, you’ll find Melton Motor Inn with 22 letting opportunities every day,and occupancies targeting 70% plus.
There’s 18 well presented and inviting motel rooms, and four family or team ready villas.
The rooms sit right in the middle of Melton’s CBD. The villas, close by but in a quieter part of town.
The business week brings the corporate travellers and more.
The weekends bring the families making the most of quality rooms without the Melbourne City prices, coming in off the Western Highway and servicing travellers from as far away as Adelaide.
A comfortable three bedroom manager’s residence is on the motel site. State and schools of faith abound.
If you’re looking for a motel business within the greater Melbourne area, this is one of the very few listed, and the one with the brightest of futures! LOOK NO MORE! LEASEHOLD MOTEL.
Net Profit: $408,950 for 2022/23
Contact Annette Adams and Reg Partington from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2812ML (quote when enquiring)
Property Code: 4816
Business Summary
Key Investment Insights
1. Prime Location: The motel is located in Melton, one of Melbourne's fastest-growing corridors, with a population of almost 200,000 and only 50 kilometers from the CBD. This location provides a large customer base for the motel.
2. High Occupancy Rates: The motel has 22 letting opportunities every day and targets an occupancy rate of 70% or higher. This indicates a strong demand for accommodation in the area.
3. Well-Presented Rooms: The motel has 18 well-maintained and inviting rooms, as well as four family or team villas. This ensures a comfortable and enjoyable stay for guests.
4. Diverse Customer Base: The motel caters to both corporate travelers during the week and families and leisure travelers on weekends. This diverse customer base provides a steady stream of business throughout the week.
5. Strategic Location: The motel is situated in the heart of Melton's CBD, making it easily accessible for guests. It is also close to the Western Highway, making it a convenient stop for travelers from Adelaide.
6. Manager's Residence: The motel includes a comfortable three-bedroom manager's residence on-site. This provides convenience for the owner and can also be used as additional accommodation for guests if needed.
7. Strong Future Potential: With Melton being a rapidly growing area and the only motel in the region, the business has a bright future ahead. This presents a great opportunity for a new owner to capitalize on the growth potential.
8. Limited Competition: The motel is one of the few listed in the greater Melbourne area, making it a highly sought-after business opportunity.
9. Profitable Business: The net profit for 2022/23 is projected to be $408,950, making this a highly profitable business for a potential buyer.
10. Experienced Brokers: The sale of this motel is being handled by experienced brokers from Tourism Brokers, providing buyers with reliable and professional assistance throughout the purchasing process.
