Exceptionally Rare Money Maker With Huge Upside - 2605ml
Victoria
LEASEHOLD $1,995,000
Key Features
AI generated. Contact seller to confirm.
- 38 rooms including two self-contained two-bedroom apartments
- 70% occupancy with potential to grow
- Fully licenced restaurant and bar seating approximately 80 guests
- Prime CBD-edge location within walking distance of the CBD
- Stable year-round corporate clientele providing recurring revenue
- Outdoor solar-heated pool, guest laundry, modern 4.5-star rooms
- Turnover: Not disclosed
- Net Profit: Not disclosed
- Rent/Lease: Not disclosed
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Motel
LEASEHOLD MOTEL
- 38 rooms incorporating 2 self-contained apartments
- 70% Occupancy with room to grow
- Mixture of standard and executive corporate suites
- Reliable financial performer, currently under management and managers wish to remain.
- Entrance/departure canopy of approximately 103 sqm. It has a Colorbond roof, pebblecrete concrete paving and feature façade.
Mixture of King Deluxe, King Executive, King Twin, King Spa and 2 Two-bedroom apartments. The self-contained two-bedroom apartments feature a full-sized fridge and have a concealed laundry with trough, top loader washing machine and wall mounted dryer.
Fully licensed restaurant and bar offering seating for approximately 80+ guests - 50 inside and 30 outside alfresco style overlooking the pool area, and is supported by a full commercial kitchen and appropriate staff.
A lucrative opportunity thanks to its stable corporate trade, renowned onsite restaurant, and prime CBD-edge location.
Prime Location: Situated on bustling street, the motel is within walking distance of the CBD, driving high visibility and easy access for passing trade.
Consistent Corporate Clientele: Redesigned with business travellers in mind, it benefits from a highly stable, year-round corporate customer base offering secure, recurring revenue.
Renowned Onsite Dining: Features the highly respected Restaurant, which draws consistent foot traffic from the local community as well as in-house guests.
Established Brand Trust: Operating under the globally recognized brand provides immediate access to established loyalty programs, online booking platforms, and marketing networks.
Turnkey Leisure Features: Includes strong leisure amenities like an outdoor solar-heated pool, guest laundry, and modern, accessible 4.5-star rooms.
Confidentiality requirements exist
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2605ML (quote when enquiring)
Property Code: 5481
- 38 rooms incorporating 2 self-contained apartments
- 70% Occupancy with room to grow
- Mixture of standard and executive corporate suites
- Reliable financial performer, currently under management and managers wish to remain.
- Entrance/departure canopy of approximately 103 sqm. It has a Colorbond roof, pebblecrete concrete paving and feature façade.
Mixture of King Deluxe, King Executive, King Twin, King Spa and 2 Two-bedroom apartments. The self-contained two-bedroom apartments feature a full-sized fridge and have a concealed laundry with trough, top loader washing machine and wall mounted dryer.
Fully licensed restaurant and bar offering seating for approximately 80+ guests - 50 inside and 30 outside alfresco style overlooking the pool area, and is supported by a full commercial kitchen and appropriate staff.
A lucrative opportunity thanks to its stable corporate trade, renowned onsite restaurant, and prime CBD-edge location.
Prime Location: Situated on bustling street, the motel is within walking distance of the CBD, driving high visibility and easy access for passing trade.
Consistent Corporate Clientele: Redesigned with business travellers in mind, it benefits from a highly stable, year-round corporate customer base offering secure, recurring revenue.
Renowned Onsite Dining: Features the highly respected Restaurant, which draws consistent foot traffic from the local community as well as in-house guests.
Established Brand Trust: Operating under the globally recognized brand provides immediate access to established loyalty programs, online booking platforms, and marketing networks.
Turnkey Leisure Features: Includes strong leisure amenities like an outdoor solar-heated pool, guest laundry, and modern, accessible 4.5-star rooms.
Confidentiality requirements exist
Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2605ML (quote when enquiring)
Property Code: 5481
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