Portland, Victoria
A Magnificent Coastal Freehold Investment Opportunity - 2837MF
REDUCED FREEHOLD $1,575,000
Business Description
An incredible opportunity to own the freehold of the well-established Portland Retro Motel. This thriving accommodation business offers a solid income stream, a loyal customer base, and strong growth potential in a popular regional tourism destination.
This is a secure freehold investment, allowing you to own the property and benefit from long-term capital growth. The 14 ground floor room motel is well-maintained and features comfortable, retro-style accommodation with a strong base of returning guests. Positioned in the historic and scenic town of Portland, Victoria, the location is ideal for attracting tourists, business travelers, and event-goers.
Guests enjoy fantastic amenities, including landscaped gardens, a barbeque area, a covered outdoor entertaining space, free Wi-Fi, and Netflix for added comfort and convenience. Included in the offering is a private onsite manager’s residence, featuring a three-bedroom home with a full kitchen, family bathroom, laundry, and an enclosed yard with security features.
With strong business potential and growing demand for regional tourism, the Portland Retro Motel is a fantastic opportunity for an owner-operator or investor. Don't miss this rare chance..
Adjusted Net Profit: $143,350 for 2024/25
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2837MF (quote when enquiring)
Property Code: 5133
Business Summary
Key Investment Insights
1. Freehold ownership of the Portland Retro Motel, providing property control and potential long-term capital growth.
2. Adjusted net profit of $143,350 for 2024/25, indicating an established cash-generating business.
3. 14 ground-floor rooms, retro-style accommodation, marketed as well-maintained and comfortable.
4. Strong base of returning guests, demonstrating customer loyalty and repeat revenue.
5. Located in historic, scenic Portland, Victoria, suitable for tourists, business travellers, and event-goers.
6. Onsite manager’s three-bedroom residence with full kitchen, family bathroom, laundry, enclosed yard and security, supporting operational continuity.
7. Guest amenities include landscaped gardens, a barbeque area, covered outdoor entertaining space, free Wi-Fi and Netflix, enhancing guest experience.
8. Positioned in a popular regional tourism destination, implying growing demand and growth potential.
9. Described as a secure freehold investment, appealing to investors seeking property-backed income.
10. Suited to both owner-operator and passive investor models, offering operational flexibility.
11. Well-established and thriving business, reducing startup risk and easing transition for new owners.