Whittlesea, Victoria
A NEW MOTEL THAT TICKS ALL THE BOXES - 2870ML
UNDER CONTRACT
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. Brand new motel asset at just over three years old, effectively turnkey with nothing to spend.
2. Sole motel within a 20 kilometre radius, reducing local competition.
3. Leasehold sale with a long secure lease of 25.5 years remaining.
4. Located in Whittlesea, VIC, approximately 50 kilometres south of Melbourne, in the green wedge area abutting urban growth zones.
5. High-visibility main road position, supporting drive-by awareness and easy access.
6. 20 well-appointed guest rooms, suitable for small-to-medium scale operations.
7. Strong and steady year-round occupancy, indicating consistent demand.
8. Ample onsite parking including space for larger vehicles, beneficial for tradies and touring guests.
9. Diverse customer mix including corporate guests, families, tradies and weekend tourists, broadening revenue stability.
10. Local demand catalysts include music festivals, rodeo, agricultural show, flower show, FunFields, wineries and horse riding, supporting peak-period occupancy.
11. Clear growth potential via targeted marketing and partnerships with local attractions.
12. Adjusted Net Profit $305,692 for 2024/25, financials and inspections available confidentially through the vendor contact.
