Wedderburn, Victoria
2490ML - OWNERS SAY SELL! A GOLDEN OPPORTUNITY FOR YOU!
SOLD
Business Description
- 19 made over and ample rooms.
- A very fair rent on a long lease of 20 years.
- A conference and breakfast room for coaches.
Wedderburn is under two hours from Melbourne, enticing weekend travellers looking for that next "Hand of Faith". Still a popular locale to immerse yourself in 19th century Australiana.
For a quiet country town, one offering a lot of lifestyle lure, the motel is far from a shabby performer, with sales well over $352,000. THAT'S JUST ON $19,000 PER ROOM PER YEAR.
Now selling on a 60% return!
Net profit $131,224 for 2018/19
Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2490ML (quote when enquiring)
Location: Wedderburn's thriving little community offers the visitor a travel experience with a difference and only 225km from Melbourne. Using Wedderburn as a base, you will find friendly country pubs, boutique wineries, areas of historical and cultural significance, fishing and bird watching all within easy reach.
For those tired of travelling or perhaps looking for a change, Wedderburn offers a relaxed country lifestyle at affordable prices. The town has an excellent range of services including kindergarten, primary and secondary college, doctor, senior citizens, sporting clubs, interest groups and a shopping centre to supply a wide range of goods and services. Whether you're looking for a holiday destination or a lifestyle change, Wedderburn can offer you everything you are seeking.
Property Code: 2310
Business Summary
Key Investment Insights
1. The motel has 19 rooms, making it a medium-sized accommodation option.
2. The rent is fair and the lease is long, providing stability for potential buyers.
3. The motel has a conference and breakfast room, making it suitable for group bookings and coach tours.
4. Wedderburn is a popular destination for weekend travellers, with its proximity to Melbourne and historical attractions.
5. The motel has a strong financial performance, with sales over $352,000 and a 60% return on investment.
6. The net profit for 2018/19 was $131,224, indicating a successful and profitable business.
7. The property is listed with Reg Partington and Annette Adams from Tourism Brokers, providing experienced and knowledgeable support for potential buyers.
8. Wedderburn is a thriving community with a range of services and amenities, making it an attractive location for both visitors and residents.
9. The town offers a relaxed country lifestyle at affordable prices, making it a desirable location for those looking for a change.
10. The property has a code of 2310 and is listed as Property ID 2490ML.
