Shepparton, Victoria
PREMIUM BUYING HERE IN STRONG REGIONAL CITY - 1865MF
SOLD
Business Description
- Number One rated motel in town as supported by TripAdvisor and Booking.com.
- 25 beautifully refurbished ground floor rooms with 4 star self rating.
- Amazing 3-bedroom residence with modern kitchen other properties would be jealous of.
- Just under 200 kms from Melbourne, strong corporate and event town.
- Offers guests outdoor saltwater swimming pool, barbeque area and secure gated entry/exit.
- Very attractive net profit with turnover increasing year on year.
- High occupancy rate due to location and presentation of this immaculate motel.
- Absolutely milking it with the best presented motel in the city.
Net Profit: $824,277 for 2022/23 as provided by vendor
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 1865MF (quote when enquiring)
Property Code: 4844
Business Summary
Key Investment Insights
1. Number one rated motel in town according to TripAdvisor and Booking.com.
2. 25 beautifully refurbished ground floor rooms with a 4-star self rating.
3. Modern and envy-worthy 3-bedroom residence with a well-equipped kitchen.
4. Located just under 200 kms from Melbourne, making it a strong corporate and event town.
5. Offers guests amenities such as an outdoor saltwater swimming pool, barbeque area, and secure gated entry/exit.
6. Attractive net profit with a consistent increase in turnover year on year.
7. High occupancy rate due to the prime location and immaculate presentation of the motel.
8. Considered the best presented motel in the city, providing a competitive edge.
9. Projected net profit of $824,277 for 2022/23, as provided by the vendor.
10. Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
11. Property ID: 1865MF (quote when enquiring).
12. Property Code: 4844.
