Warrnambool, Victoria
A Coastal Retreat Opportunity Never Looked So Good - 2183MF
REDUCED FREEHOLD $2.95M
Business Description
- A fantastic opportunity to operate a coastal motel.
- Easy to operate, ideal for first time operators.
- Situated on the main road from Melbourne, less than 260 kms away, or 3 hours travel by car.
- 14 recently refurbished rooms.
- A family 3 bedroom residence onsite.
- Lots of money spent by the current owners getting this motel up to a high standard.
- Many repeat customers.
- Strong sales and healthy net profit.
- FREEHOLD MOTEL
Adjusted Net Profit: $246,625 for 2024/25
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2183MF (quote when enquiring)
Property Code: 5332
Business Summary
Key Investment Insights
1. Freehold motel offering ownership of land and buildings, enhancing capital security and asset value.
2. Coastal location with strong drive-market access, less than 260 km or about three hours from Melbourne, supporting weekend and holiday demand.
3. Easy to operate, described as ideal for first-time operators, indicating low operational complexity.
4. 14 recently refurbished rooms, reducing immediate capital expenditure and improving guest appeal.
5. Onsite family three-bedroom residence, enabling live-in owner-operator arrangements and reduced staff accommodation costs.
6. Significant investment by current owners to bring the motel to a high standard, signalling quality upgrades and lower near-term maintenance needs.
7. Many repeat customers, indicating established loyalty and stable occupancy potential.
8. Reported strong sales and healthy net profit, reflecting commercial viability.
9. Adjusted net profit of $246,625 for 2024/25, providing a concrete earnings benchmark for valuation and financing.
10. Suited to owner-operator or investor buyer profiles due to turnkey condition, freehold status and proven financial performance.
