Warracknabeal, Victoria
IDEAL FIRST TIME LEASEHOLD OPPORTUNITY - 2397ML
LEASEHOLD $400,000
Business Description
- Demand for quality motels has never been stronger.
- A fantastic 11 room, ground floor motel, with undercover parking, close to town and all facilities.
- Three-bedroom, three-living room residence that even has it’s own man cave.
- Situated on the Yarriambiack Creek, a very serene area for guests and owners.
- The town serves as a central hub for grain production and farming in the region. It boasts a rich history, evident in its well-preserved heritage buildings and museums, adding to its unique character.
- Projections indicate that regional areas like Warracknabeal may experience substantial property value growth by 2029, making it a promising location for long-term investment.
Adjusted Net Profit: $107,839 for 2023/24
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2397ML (quote when enquiring)
Property Code: 5347
Business Summary
Key Investment Insights
1. Eleven ground floor rooms with undercover parking, simplifying guest access and reducing upkeep compared with multi-storey properties.
2. Compact 11 room scale, suitable for an owner-operator or first time leasehold buyer seeking manageable operations.
3. Three-bedroom, three-living room on-site residence with a dedicated man cave, supporting live-in management and additional lifestyle appeal.
4. Adjusted Net Profit of $107,839 for 2023/24, providing a clear recent earnings benchmark for valuation and finance discussions.
5. Close proximity to town and all facilities, enhancing guest convenience and occupancy potential.
6. Situated on the Yarriambiack Creek, offering a serene riverside setting that increases guest appeal for leisure stays.
7. Location in a regional grain production and farming hub, supporting steady demand from agribusiness visitors and transient workers.
8. Well-preserved heritage buildings and museums in town, adding tourism appeal and potential to attract cultural visitors.
9. Regional property value growth projected through to 2029, indicating upside potential for long-term capital appreciation.
10. Advertised as an ideal first time leasehold opportunity, signalling a business structured for lease acquisition rather than freehold purchase.
