Victoria
EXCEPTIONALLY RARE MONEY MAKER WITH HUGE UPSIDE - 2605ML
LEASEHOLD $1,995,000
Business Description
LEASEHOLD MOTEL
- 38 rooms incorporating 2 self-contained apartments
- 70% Occupancy with room to grow
- Mixture of standard and executive corporate suites
- Reliable financial performer, currently under management and managers wish to remain.
- Entrance/departure canopy of approximately 103 sqm. It has a Colorbond roof, pebblecrete concrete paving and feature façade.
Mixture of King Deluxe, King Executive, King Twin, King Spa and 2 Two-bedroom apartments. The self-contained two-bedroom apartments feature a full-sized fridge and have a concealed laundry with trough, top loader washing machine and wall mounted dryer.
Fully licensed restaurant and bar offering seating for approximately 80+ guests - 50 inside and 30 outside alfresco style overlooking the pool area, and is supported by a full commercial kitchen and appropriate staff.
A lucrative opportunity thanks to its stable corporate trade, renowned onsite restaurant, and prime CBD-edge location.
Prime Location: Situated on bustling street, the motel is within walking distance of the CBD, driving high visibility and easy access for passing trade.
Consistent Corporate Clientele: Redesigned with business travellers in mind, it benefits from a highly stable, year-round corporate customer base offering secure, recurring revenue.
Renowned Onsite Dining: Features the highly respected Restaurant, which draws consistent foot traffic from the local community as well as in-house guests.
Established Brand Trust: Operating under the globally recognized brand provides immediate access to established loyalty programs, online booking platforms, and marketing networks.
Turnkey Leisure Features: Includes strong leisure amenities like an outdoor solar-heated pool, guest laundry, and modern, accessible 4.5-star rooms.
Confidentiality requirements exist
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2605ML (quote when enquiring)
Property Code: 5481
Business Summary
Key Investment Insights
AI generated. Confirm details with the seller.
1. Leasehold motel with 38 rooms, including two self contained apartments, currently achieving 70% occupancy with identified room to grow.
2. Stable corporate clientele provides recurring year round trade, supported by a mixture of standard and executive corporate suites.
3. Prime CBD edge location within walking distance of the CBD, offering strong visibility and convenient access for passing trade.
4. Fully licensed restaurant and bar seats more than 80 guests, supported by a full commercial kitchen and appropriate staff.
5. Renowned onsite restaurant attracts both local community customers and in house guests, strengthening the motel’s food and beverage offering.
6. Experienced managers currently operate the business and wish to remain, supporting operational continuity for the incoming owner.
7. Globally recognised brand provides access to established loyalty programmes, online booking platforms and marketing networks.
8. Guest facilities include an outdoor solar heated pool, guest laundry, accessible 4.5 star rooms and a 103 square metre arrival canopy.
