Ballarat Central, Victoria 3350
SOLD
Key Features
AI generated. Contact seller to confirm.
- 23 ground floor rooms in excellent condition
- Short drive to Melbourne city centre
- Comfortable 2-bedroom residence onsite
- Good access and ample parking
- Shops next door for food and drinks
- Long history of strong returns
- Turnover: Not disclosed
- Net Profit: $313,740
- Rent/Lease: Not disclosed
- Stock Value: Not disclosed
- Established: Long standing; 17 years remaining
Business Details
Business Category Motel
- A short drive to the city centre, near the best schools, and close to major hospitals.
- This long standing motel has 23 ground floor rooms, with a variety of configurations, all in excellent condition.
- A long history of amazing returns, and with 17 years remaining, your opportunity is here to seize.
- Good access, ample parking, with shops next door for food and drinks.
- A comfortable 2 bedroom residence with 2 bathrooms and large living area is onsite, next to reception.
- A motel this close to Melbourne with great returns will not last long on the market.
Adjusted Net Profit: $313,740 for 2024/25
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2126ML (quote when enquiring)
Property Code: 5328
What's Nearby
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This business is somewhat unique and has no similar competition in this region, category or price bracket.