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