St Arnaud, Victoria
A Great Starting Opportunity Into The Motel Industry - 2642ML
LEASEHOLD $220,000
Business Description
Located just a short stroll from the main shopping centre in St Arnaud, Kings Avenue Motel is a fantastic entry-level opportunity in the motel industry.
This charming 5-unit motel, complete with a fully equipped setup and an onsite two-bedroom manager's residence, is ready for a new owner to step in and start earning from day one.
Whether you’re looking to enter the accommodation business or seeking a manageable investment with lifestyle benefits, Kings Avenue Motel is well worth a look!
Adjusted Net Profit: $74,610 for 2023/24
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2642ML (quote when enquiring)
Property Code: 5071
Business Summary
Key Investment Insights
1. Adjusted net profit $74,610 for 2023/24, indicating immediate cashflow potential.
2. Five-unit motel, suited to small-scale ownership and straightforward operations.
3. Fully equipped setup, enabling a new owner to commence trading from day one.
4. Onsite two-bedroom manager’s residence, supporting owner-operator or staff accommodation.
5. Prime location a short stroll from St Arnaud’s main shopping centre, enhancing guest convenience and walk-in demand.
6. Positioned as an entry-level investment in the motel industry, suitable for first-time buyers.
7. Marketed as a manageable investment with lifestyle benefits, implying lower complexity and personal use potential.
8. Ready-for-sale listing via Tourism Brokers, contact Andrew Cronin for inspections and further information.
9. Property identifiers provided, Property ID 2642ML and Property Code 5071, facilitating enquiry and due diligence.