Key Investment Insights
AI generated. Confirm details with the seller.
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.
