Sale, Victoria

MULTI-AWARD-WINNING LUXURY CORPORATE HOTEL IN STRONG VICTORIAN CENTRE | Resort Brokers ID : FH008298

$13,100,000

Business Description

This is a rare opportunity to own and operate Mansi on Raymond, a highly lucrative, multi-award-winning hotel that enjoys a dominant position in the corporate guest market in Sale, a major service hub in Victoria’s thriving Gippsland region. Unique design of dual key townhouses and stand alone homes, ideal for corporate and leisure guests.

Sale has long been key to Gippsland’s natural gas industry and is positioned to continue its importance as a major centre for the region’s emerging renewable energy sector. Sale also has a vital defence component through RAAF Base East Sale, which supports up to 700 personnel as a major training base for Australia’s Air Force.

For FY24, Mansi on Raymond has an impressive projected net profit of $1,309,708. The hotel’s exceptional financial performance is underpinned by its robust corporate trade, which comprises approximately 73% of occupancy. Energy multinationals, RAAF subcontractors & local government make up over 60% of Mansi on Raymond’s corporate base.

There is enormous scope to grow overall occupancy from 75% by targeting the leisure market, particularly weddings and corporate retreats.

Astute buyers should be quick to consider this incredible opportunity to own and operate arguably one of Gippsland’s best corporate hotels with a strong and established trading history of over 11 years — and a golden era ahead of it given the importance of the city of Sale to Victoria’s future economic prosperity.


- Multi-award-winning luxury hotel in the strategic city of Sale in Gippsland
- Immaculate condition, no CapEx required
- Consistent that has grown year on year.
- First time to market since 2013 opening
- FY24 projected net profit of $1,309,708
- Exceptional occupancy of 75% underpinned by solid 73% corporate trade
- Unique design of dual key townhouses and stand alone homes, ideal for corporate and leisure guests.
- Exceptional guest reviews/ratings on booking.com, TripAdvisor and other OTAs
- Inspection by appointment only
Date updated: 12 Jun 2024 23:00:03

Business Summary

Business Snapshot

Price: $13,100,000 Net Profit: $1,309,710
Marketing Agent
Chris Boschetti
Chris Boschetti

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