Perfectly Located Boutique Hotel For Sale In Apollo Bay

Business For Sale Apollo Bay, Victoria 3233

Business Category Backpacker Hostel

$3,000,000 WIWO

Description

Perfectly Located Boutique Hotel For Sale In Apollo Bay

Its well known that a hotels location is paramount to its success. On that basis, this small, boutique hotel for sale is destined for a highly successful future.

Beachfront, its in the centre of town. And right on the Great Ocean Road. This totally renovated freehold property with adjacent development land is an opportunity not to be missed.

Demand is outstripping supply

Because of its inherent advantages, this 11 room hotel is projected to out-perform the market. And thats a market which, in turn, is expected to out-perform the tourism industry nationally.

Deloitte Access Economics has forecast that, by 2026/7, the supply of hotel rooms in the Great Ocean Road tourism region will have to increase to keep pace with demand. By how much? More than a whopping 50%!

And that augurs well for accommodation providers in Apollo Bay. This is a high profile, freehold, corner site, directly opposite parkland, and the beach. The two-story building and adjacent development land, are priced well below replacement cost.

Look at its features:

- Above market occupancy

- Above market average rate

- Newly renovated throughout

- Low maintenance

- Attractive design aesthetic, and

- Potential for huge growth.

The property is listed on all major online booking platforms. And, importantly, it has a contractual alliance with an international travel agency with the capacity to direct bookings to it.

The adjoining property will certainly need to be developed to cope with demand! There are plans for an additional 20 rooms which will increase revenue and profit very significantly.

Theres a great deal more to learn under confidentiality. The exclusive broker doesnt want you to miss this valuable opportunity. So get in touch with him and hell be delighted to explain more about this perfectly located boutique hotel.

FOR SALE: $3,000,000 WIWO

For further information on this opportunity, please contact:

Fred Zheng
Business Broker
Benchmark Business Sales and Valuations
M: XXXXXXXXXX T: XXXXXXXXXX E: XXXXXXXXXX

If you like to know more about the Business complete our online confidentiality agreement here: XXXXXXXXXX

or go to our Website XXXXXXXXXX and use the reference #4670 to search for the business.

Benchmark Business Sales and Valuations



Please ensure you have the necessary capital or equity before expressing an interest in this business.

You are advised to conduct your own due diligence.

Benchmark Business Sales and Valuations

The business images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Accommodation and Tourism, Hospitality, Accommodation, Hotel

Property Code: 4670

Similar Businesses For Sale


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


Contact Seller
Fred Zheng Zheng

Bsale ID: 541644
Broker REF: benchmark_74_932

Benchmark Business Sales and Valuations
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