Ararat, Victoria

$2,750,000

Property Description

This Freehold Going Concern will provide peace of mind in times of uncertainty | Resort Brokers ID : FH006350

Ararat Colonial Lodge provides an excellent opportunity for the ‘hands on’ operator looking to own the freehold and business of a very profitable motel, with excellent three bedroom owners accommodation in a vibrant town with years of infrastructure projects approved to keep the town booming.



  • 19 units

  • Owner's residence - 3 bedroom, 2 bathroom plus 2 large living areas

  • Fully equipped restaurant and commercial kitchen - CURRENT UNUSED but ready to go!

  • Swimming pool and BBQ area

  • Extensively updated rooms, carpet, paint, TV's, air conditioners

  • Fully renovated reception and new street signage

  • Easy, efficient operation with high net profit

  • Located in the very centre of town

Date updated: 17 Sep 2020 23:00:06

Property Summary

Business Snapshot

Price: $2,750,000 Net Profit: $414,086

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Marketing Agent


Marketing Agency

ResortBrokers

Damon Lunardello
ResortBrokers

Phone

Listing Tools

This listing last updated: 17th September 2020

Property Map

Map Location ( get directions )

Ararat, Victoria 3377 Exact map location not provided

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