Whittlesea, Victoria
A NEW MOTEL THAT TICKS ALL THE BOXES - 2870ML
SOLD
Business Description
Just over three years old, nothing to spend on this new motel, the only one in town within 20 kms.
- Location: Whittlesea, VIC - approx. 50kmS from Melbourne, in the green wedge area, abutting urban growth areas.
- Offering: Leasehold motel business for sale.
- Rooms: 20 well-appointed guest rooms.
- Lease: 25.5 years remaining - long, secure lease.
- Position: High-visibility, main road location.
- Occupancy: Strong and steady year-round bookings.
- Parking: Ample onsite parking, including space for larger vehicles.
- Growth Potential: Opportunity to boost revenue with targeted marketing; Potential to partner with local attractions.
- Market: Popular with corporate guests, families, tradies and weekend tourists. Growing demand driven by local development and tourism with music festivals, Rodeo, Agricultural Show, Flower Show and FunFields, wineries and horse riding nearby.
- Opportunity: Ideal for experienced operators or newcomers to the motel industry.
Confidential inspections and financials available on request.
Adjusted Net Profit: $305,692 for 2024/25 (as provided by vendor)
Contact Andrew from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2870ML (quote when enquiring)
Property Code: 5196
Business Summary
Key Investment Insights
1. Recently built asset, just over three years old, implying minimal capital expenditure required.
2. Leasehold sale with 25.5 years remaining, providing long-term tenure and cashflow stability.
3. Adjusted Net Profit $305,692 for 2024/25, demonstrating healthy current earnings.
4. Only motel within a 20 km radius, signalling strong local market exclusivity and limited direct competition.
5. High-visibility main road location in Whittlesea, approximately 50 km south of Melbourne, supporting drive-by trade and easy access.
6. 20 well-appointed guest rooms, suitable for scaling occupancy without immediate refurbishment.
7. Strong and steady year-round bookings, indicating consistent demand and operational resilience.
8. Diverse customer mix including corporate guests, families, tradies and weekend tourists, reducing revenue concentration risk.
9. Ample onsite parking with space for larger vehicles, catering to tradies, RVs and event traffic.
10. Local growth catalysts and attractions nearby such as music festivals, Rodeo, Agricultural Show, Flower Show, FunFields, wineries and horse riding, offering clear avenues for targeted marketing and partnerships to drive incremental revenue.
