A Magnificent Coastal Freehold Investment Opportunity - 2837mf
Portland North, Victoria 3305
REDUCED FREEHOLD $1,575,000
Key Features
AI generated. Contact seller to confirm.
- Freehold property ownership
- 14 ground floor motel rooms
- Private onsite three-bedroom manager residence
- Landscaped gardens and covered entertaining area
- Free Wi-Fi and Netflix included
- Strong returning guest base and tourism demand
- Turnover: Not disclosed
- Net Profit: $143,350
- Rent/Lease: Not disclosed
- Stock Value: Not disclosed
- Established: Well-established
Business Details
Business Category Motel
An incredible opportunity to own the freehold of the well-established Portland Retro Motel. This thriving accommodation business offers a solid income stream, a loyal customer base, and strong growth potential in a popular regional tourism destination.
This is a secure freehold investment, allowing you to own the property and benefit from long-term capital growth. The 14 ground floor room motel is well-maintained and features comfortable, retro-style accommodation with a strong base of returning guests. Positioned in the historic and scenic town of Portland, Victoria, the location is ideal for attracting tourists, business travelers, and event-goers.
Guests enjoy fantastic amenities, including landscaped gardens, a barbeque area, a covered outdoor entertaining space, free Wi-Fi, and Netflix for added comfort and convenience. Included in the offering is a private onsite manager’s residence, featuring a three-bedroom home with a full kitchen, family bathroom, laundry, and an enclosed yard with security features.
With strong business potential and growing demand for regional tourism, the Portland Retro Motel is a fantastic opportunity for an owner-operator or investor. Don't miss this rare chance..
Adjusted Net Profit: $143,350 for 2024/25
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2837MF (quote when enquiring)
Property Code: 5133
This is a secure freehold investment, allowing you to own the property and benefit from long-term capital growth. The 14 ground floor room motel is well-maintained and features comfortable, retro-style accommodation with a strong base of returning guests. Positioned in the historic and scenic town of Portland, Victoria, the location is ideal for attracting tourists, business travelers, and event-goers.
Guests enjoy fantastic amenities, including landscaped gardens, a barbeque area, a covered outdoor entertaining space, free Wi-Fi, and Netflix for added comfort and convenience. Included in the offering is a private onsite manager’s residence, featuring a three-bedroom home with a full kitchen, family bathroom, laundry, and an enclosed yard with security features.
With strong business potential and growing demand for regional tourism, the Portland Retro Motel is a fantastic opportunity for an owner-operator or investor. Don't miss this rare chance..
Adjusted Net Profit: $143,350 for 2024/25
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2837MF (quote when enquiring)
Property Code: 5133
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