Portland, Victoria
A Magnificent Coastal Freehold Investment Opportunity - 2837MF
FREEHOLD $1,750,000
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..
Net Profit: $120,875 for 2023/24
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. Opportunity to own a secure freehold investment in a popular regional tourism destination.
2. Well-established and thriving accommodation business with a loyal customer base.
3. Strong potential for long-term capital growth.
4. 14 ground floor rooms with retro-style accommodation and a strong base of returning guests.
5. Located in the historic and scenic town of Portland, Victoria, ideal for attracting tourists, business travelers, and event-goers.
6. Fantastic amenities for guests including landscaped gardens, barbeque area, outdoor entertaining space, free Wi-Fi, and Netflix.
7. Private onsite manager's residence with a three-bedroom home, full kitchen, family bathroom, laundry, and enclosed yard with security features.
8. Strong business potential and growing demand for regional tourism.
9. Ideal opportunity for an owner-operator or investor.
10. Net profit of $120,875 projected for 2023/24.
11. Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
12. Property ID: 2837MF (quote when enquiring).
13. Property Code: 5133.
