A New Motel That Ticks All The Boxes - 2870ml
Whittlesea, Victoria 3757
SOLD
Key Features
AI generated. Contact seller to confirm.
- 20 well-appointed guest rooms
- Only motel in town within 20 km
- High-visibility main road location
- Long secure lease remaining (25.5 years)
- Strong, steady year-round occupancy
- Ample onsite parking, space for larger vehicles
- Turnover: Not disclosed
- Net Profit: $305,692
- Rent/Lease: 25.5 years remaining
- Stock Value: Not disclosed
- Established: Just over three years old
Business Details
Business Category Motel
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
- 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
What's Nearby
Nearby Locations
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
