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. Easy to operate motel, positioned as ideal for first-time operators, indicating low operational complexity.
2. Coastal location marketed as a retreat, offering tourism appeal and likely seasonal demand.
3. Situated on the main road from Melbourne, less than 260 km or approximately three hours’ drive, supporting drive-market accessibility.
4. Freehold motel ownership, providing asset ownership and potential capital appreciation.
5. Fourteen recently refurbished rooms, reducing near-term capital expenditure and enhancing guest appeal.
6. Onsite family three-bedroom residence, supporting owner-operator convenience and reduced staffing accommodation costs.
7. Significant investment by current owners to bring the property to a high standard, implying quality fitout and reduced upgrade needs.
8. Many repeat customers, indicating strong customer retention and stable demand.
9. Strong sales and healthy net profit, demonstrated by an adjusted net profit of $246,625 for 2024/25.
10. Listed via Tourism Brokers, contact Andrew Cronin with Property ID 2183MF for further information or inspection.
