San Remo, Victoria
TOP OF THE TOWN, SOLID PERFORMER, GREAT RETURN - 2788ML
SOLD
Business Description
This delightful 12 room property with spacious three bedroom residence is a consistent seasonal performer averaging 60% occupancy over the past five years - including the challenging months of COVID and its lockdowns.
Not only servicing the tourists on holidays and short breaks, but also that valuable set of corporate travellers and tradesmen who arrive each week to service their territory.
So how do the Online Travel Agents - like Bookings.com or Expedia - rate and summarise their customer reviews? How about 8.8/10 and "Excellent", and 9.2/10 and "Wonderful."
Ratings to worry competitors.
The property offers a "turn key" solution. Nothing to do except more of the same. Just learn the ropes, enjoy being your own boss, and maybe plan an early retirement.
Better done here than working for the man.
If you’ve never been this way, take a day or two and play the tourist. Be it the Penguin Parade, Pelican Feeding or Seal Rock, plus The Motor Grand Prix to the Supa Bikes as well as many other motor sporting events, to the surf beaches… and more!
Given the growth in property prices over the past years, there could be considerable wealth in yours.
Enough to consider taking on this cracking business.
Net Profit: $178,446 for 2022 calendar year
Contact Annette Adams and Reg Partington from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2788ML (quote when enquiring)
Property Code: 4616
Business Summary
Key Investment Insights
Key insights for TOP OF THE TOWN, SOLID PERFORMER, GREAT RETURN - 2788ML:
1. Consistent seasonal performer with 60% occupancy over the past five years, including during the challenging months of COVID and its lockdowns.
2. Servicing both tourists and corporate travelers, providing a diverse customer base.
3. Excellent ratings and reviews from Online Travel Agents, with scores of 8.8/10 and "Excellent" and 9.2/10 and "Wonderful."
4. "Turn key" solution with nothing to do except continue the successful operations.
5. Potential for early retirement and being your own boss.
6. Located in a popular tourist destination with a variety of attractions, including the Penguin Parade, Pelican Feeding, and motor sporting events.
7. Strong financial performance with a net profit of $178,446 for the 2022 calendar year.
8. Opportunity for considerable wealth growth due to the growth in property prices in the area.
9. Contact Annette Adams and Reg Partington from Tourism Brokers for further information or to arrange an inspection.
10. Property ID: 2788ML (quote when enquiring).
