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!
Net Profit: $74,610 for 2023/24
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
1. Located in a prime location just a short stroll from the main shopping centre in St Arnaud.
2. Charming 5-unit motel with a fully equipped setup and an onsite two-bedroom manager's residence.
3. Ready for a new owner to step in and start earning from day one.
4. Great entry-level opportunity in the motel industry.
5. Potential for growth and expansion in the future.
6. Ideal for those looking to enter the accommodation business or seeking a manageable investment with lifestyle benefits.
7. Net profit of $74,610 for 2023/24.
8. Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
9. Property ID: 2642ML (quote when enquiring).
10. Property Code: 5071.
