Key Investment Insights
AI generated. Confirm details with the seller.
1. Rare opportunity to acquire a leasehold interest in three properties operating as one under the well-known and established brand 'Wyndhamere Motel'.
2. Prime central CBD location on the main arterial road, providing high visibility and easy access for guests.
3. Diverse range of 46 modern and well-maintained accommodation options, including King Spa Rooms, Serviced Apartments and Standard Rooms, catering to a variety of guests.
4. Currently operated by reputable and experienced hotel management company, 1834 Hotels, with the potential for vacant possession.
5. Extensive amenities including a fully-equipped restaurant, 3-bedroom managers residence, conference room, swimming pool and guest laundry, providing a comfortable and convenient stay for guests.
6. Located in the thriving economy of Shepparton, which generated over $4.6 billion in Gross Regional Product in 2023, providing a strong and stable market for the accommodation business.
7. Close proximity to Goulburn Valley Health Services, a major employer in the region with over 120,000 people and 2,600 employees, providing a consistent demand for accommodation.
8. Conveniently located within a day's drive to major cities such as Melbourne, Canberra and Sydney, making it a popular stopover for commercial drivers, interstate travellers and tourists.
9. Easy access to mainline rail services from Melbourne direct to Shepparton and a domestic airport, providing convenient transportation options for guests.
10. Potential for future growth and development opportunities with the growing tourism industry in the region and the potential for expansion of the existing facilities.
