Key Investment Insights
AI generated. Confirm details with the seller.
1. Freehold going concern motel with documented strong performance, offering ownership of land and business together.
2. 11 ground-floor motel rooms, simplifying access and maintenance, with undercover parking for guests.
3. Close proximity to town and local facilities, supporting convenience for guests and steady occupancy.
4. On three separate titles spanning over 2,200 m2, providing scale and potential asset security.
5. Includes a large three-bedroom residence with three living areas and a dedicated man cave, offering owner accommodation or rental flexibility.
6. Located on the Yarriambiack Creek, providing a serene riverside setting that enhances guest appeal.
7. Town functions as a central hub for regional grain production and farming, supporting consistent demand from business and agricultural travellers.
8. Well-preserved heritage buildings and museums in town add unique character and tourism appeal to the location.
9. Vendor-stated adjusted net profit of $162,839 for 2023/24, giving a recent profit benchmark for valuation and yield calculations.
10. Unused approx. 430 m2 block included, with development potential for about four additional units or a residence subject to council approval, offering clear upside.
11. The undeveloped block is separately valued at approximately $50,000, quantifying immediate land value within the sale.
12. Regional property growth projections to 2029, specifically cited for areas like Warracknabeal, suggest potential long-term capital appreciation for the investment.
