Victoria

PRESTIGE LOCATION AND ACCOMODATION IN THRIVING VICTORIA’S SECOND LARGEST CITY - 2876MF

Freehold $7,500,000

Business Description

FREEHOLD MOTEL

- Just over an hours drive from Melbourne.

- Freehold Going Concern - no lease encumbrances.

- 23 contemporary rooms with a mix of deluxe, spa and family suites. Top level offering water views.

- Outstanding location on the western edge of Geelong opposite the waterfront, walking distance to the CBD, University, hospitals, and transport.

- Solid trading history with consistent occupancy and revenue growth.

- High-visibility site with excellent exposure.

- Well-maintained, purpose-built property.

- Secure off-street parking for guests.

- Long-term operational team in place - ideal for investor or owner-operator.

- Additional revenue with long term retail shop on floor level.

- Zoning allows redevelopment of up to 32 levels.

Property ID: 2876MF (quote when enquiring)

Property Code: 5270

Business Summary

Marketing Agent
Michael Philpott
Michael Philpott

Key Investment Insights

AI generated. Confirm details with the seller.

1. Freehold going concern, no lease encumbrances, offering straightforward ownership transfer and control.
2. Prime location on Geelong’s western edge opposite the waterfront, within walking distance to the CBD, university, hospitals and transport.
3. Approximately just over an hour’s drive from Melbourne, supporting both city and regional demand.
4. 23 contemporary rooms comprising deluxe, spa and family suites, with top-level rooms offering water views, supporting a premium room mix.
5. Solid trading history with consistent occupancy and revenue growth, indicating stable cash flow and market demand.
6. High-visibility site with excellent exposure, beneficial for drive-by and walk-in customer acquisition.
7. Well-maintained, purpose-built property, reducing immediate capex requirements.
8. Secure off-street parking for guests, a valuable amenity in a waterfront/inner-city fringe location.
9. Long-term operational team in place, enabling continuity and suitability for an investor or owner-operator transition.
10. Additional income stream from a long-term retail shop at ground level, diversifying revenue.
11. Zoning permits redevelopment up to 32 levels, presenting significant future development or value-add upside.
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