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

Marketing Agent
Andrew Cronin
Andrew Cronin

Key Investment Insights

AI generated. Confirm details with the seller.

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.
Listing location

This Business is sold

Listing Tools

Management Rights

STAY UP TO DATE

Receive new listing alerts

Sign up

Industry news from AccomProperties

Similar Motels For Sale

You may also like

NORTH QUEENSLAND MOTEL, 27 YEAR LEASE, STRONG RETURNS - 2052ML
Picton Historic Home and Boutique Accommodation
RARE 43-ROOM FREEHOLD MOTEL - FIRST TIME OFFERED IN 40 YEARS | Resort Brokers ID : FH009387
$277K Net + $162K BC Salary | $1.48M Total | plus Development Potential
Exceptional Hotel & Motel country Pub for sale.
Sunshine Coast Management Rights Opportunity - Net Circa 1.2 Million
Business-Only Portfolio - $449,000+ Net + Strong Rental Demand | Resort Brokers ID : MR009297
STUNNING 13-KEY FREEHOLD ON THE GREAT OCEAN ROAD. | Resort Brokers ID : FH009394
Rare East Coast Tasmania Profitable Accommodation Villas Cottages Separate DA Lots Sea Change Opp
Long-tenure, Desirable and in demand location, with clear growth opportunities. This opportunity has it all.
Investor-Friendly Complex with Real Growth Potential in the Permanent Pool
Exceptional $559K Profit & Long-Term Lease – Townsville Motel | Resort Brokers ID : LH009385
High Return Leasehold Caravan Park - New 30 Year Lease | Resort Brokers ID : LH009386
Apollo Hotel Newcastle
Unique Beachside Property Package with Exciting Possibilities
Live the Dream Own a Proven Dunedin Motel Business
FREEHOLD MOTEL LOCATED IN HUNTER VALLERY REGION OF NSW - 1546MF
Permanent Management Rights - $181K Body Corp Salary | 24 Years Remaining | No Office Hours