Hamilton, Victoria
2336MF - BANDICOOT MOTOR INN - NOW A FREEHOLD SALE
SOLD
Business Description
The freehold owner and tenant have joined forces in the marketing of their interests in the Bandicoot Motor Inn.
So - what are you getting?
One of the best commercial sites in Hamilton.
A motel that has been brought right up to standard - check the online reviews!
A business that has been kicking goals year on year.
No – this is not a 'lucky dip'. Both are to be sold together - No separation!
And both owners are ready to listen to the market.
And the best thing? A massive 18% return!
Net profit $260,000
Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2336MF (quote when enquiring)
Location: Hamilton is at the base of the Southern Grampians and is ideally located between Melbourne and Adelaide. It is well serviced by major highways and has a regular daily air service to and from Melbourne. It has a current population of around 9,250 and is only 285 kms from Melbourne.
Hamilton, both the geographic and business hub of the region, has been the centre of a large and wealthy pastoral industry for over one hundred and sixty years and has grown to become a thriving country city. Exhibiting style and quality, with excellent shopping, diverse architecture, an outstanding art gallery and stunning botanic gardens, this gracious city offers a first class visitor experience.
Property Code: 2826
Business Summary
Key Investment Insights
1. Prime location in Hamilton, a thriving country city with a strong economy and growing population.
2. Well-maintained and highly rated motel with a strong track record of success.
3. Opportunity to purchase both the freehold and business together, providing a stable investment and ownership structure.
4. Both owners are motivated to sell and willing to negotiate on price.
5. High return on investment with a net profit of $260,000 and an 18% return.
6. Potential for further growth and development in the area.
7. Regular daily air service to and from Melbourne, providing easy access for guests.
8. Hamilton is well-serviced by major highways, making it easily accessible for visitors.
9. Diverse architecture, excellent shopping, and stunning botanic gardens make Hamilton a popular tourist destination.
10. Strong and wealthy pastoral industry in the region provides a stable and growing customer base for the motel.