Whittlesea, Victoria
A NEW MOTEL THAT TICKS ALL THE BOXES - 2870ML
LEASEHOLD $1,350,000
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 asset at just over three years old, vendor states nothing to spend on the property.
2. Only motel within 20 kilometres, creating local market monopoly and limited direct competition.
3. Leasehold sale with 25.5 years remaining, providing long, secure tenancy for operators.
4. 20 well appointed guest rooms, suitable for small to medium scale operations.
5. High visibility main road location in Whittlesea, approximately 50 kilometres south of Melbourne.
6. Situated in the green wedge and abutting urban growth areas, offering exposure to population and development-driven demand.
7. Strong, steady year-round occupancy reported, indicating reliable cashflow.
8. Ample onsite parking including space for larger vehicles, supporting guests such as tradies and touring visitors.
9. Diverse customer base including corporate guests, families, tradies and weekend tourists, reducing dependency on a single segment.
10. Proximity to events and attractions such as music festivals, Rodeo, Agricultural Show, Flower Show, FunFields, wineries and horse riding, supporting peak demand periods.
11. Clear growth opportunities through targeted marketing and partnerships with local attractions.
12. Adjusted net profit of $305,692 for 2024/25, demonstrating attractive current profitability for prospective buyers.
