7 Longfield Street, Stawell, Victoria
Coorrabin Motor Inn - 1P6229
Leasehold $640,000
Business Description
CRE Brokers are pleased to be appointed as the Exclusive Agents for the sale of the Leasehold Business of the Coorrabin Motor Inn Stawell.
This neat and easy to operate 10 unit motel is located in Stawell, Western Victoria - a 20 minute drive to Halls Gap, which is the gateway to the Grampians National Park.
The motel caters to a diverse range of clientele including workers of local industries, tourists to the Grampians and traffic on the major Adelaide to Melbourne Route.
The current owner has made many refurbishments including renovations to all 10 bathrooms, new beds and 42 inch televisions to name a few.
The motel offers a range of accommodation configurations including a family room and one disabled access unit.
The Coorrabin Motor Inn features a reception area, grassed BBQ area and a 2 bedroom 1 bathroom manager's residence.
With a very fair market rent, lease options until 2043 and a healthy bottom line, this little gem ticks all the boxes.
The opportunity to be your own boss is not to be missed. Inspection of the Coorrabin Motor Inn will not disappoint.
Business Summary
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:VIC - WestKey Investment Insights
1. Located in a popular tourist destination, close to the Grampians National Park.
2. Diverse range of clientele including workers, tourists, and passing traffic.
3. Refurbished and well-maintained 10 unit motel with a range of accommodation options.
4. Additional features such as a reception area, BBQ area, and manager's residence.
5. Reasonable market rent and long lease options until 2043.
6. Strong financial performance and potential for growth under new ownership.
7. Opportunity for new owner to be their own boss and run a successful business.
8. Located on a major route between Adelaide and Melbourne, ensuring consistent traffic.
9. Potential for further renovations and updates to attract more customers.
10. Well-established business with a good reputation in the local community.
