Country Opportunity With A Bright Future - 2453ml

Kerang East, Victoria 3579

SOLD

Key Features

AI generated. Contact seller to confirm.

  • Central location near hotels, supermarkets and eateries
  • Quiet location away from the highway
  • 80% occupancy; 70% repeat guests
  • Easily run motel for a couple
  • Opportunity to capitalise on the K-bar for events
  • Stage two solar farm to boost local economy
  • Turnover: Not disclosed
  • Net Profit: $158,789
  • Rent/Lease: Leasehold
  • Stock Value: Not disclosed
  • Established: Not disclosed

Business Details

Business Category Motel

- The Kerang Motel offers guests a central location with hotels, supermarkets and eateries within walking distance.

- Quiet location away from the Highway.

- Excellent consistent trade.

- 80% occupancy rate, with 70% of business being repeat guests.

- Easily run motel for a couple looking for a friendly country lifestyle change.

- Opportunity to capitalize on the K-bar, offering conferences, meals, events and more.

- Stage two solar farm about to commence, injecting huge benefits to the town’s economy, now is the time to reap the rewards.

- LEASEHOLD

Adjusted Net Profit: $158,789 for 2024/25

68% FHNOP

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2453ML (quote when enquiring)

Property Code: 4784

What's Nearby

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

Contact Seller
Tourism Brokers Tourism Brokers
Andrew Cronin

Bsale ID: 629073