Remarkable Business Opportunity Gem In Portland - 2349ml

Portland, Victoria 3305

SOLD

Key Features

AI generated. Contact seller to confirm.

  • 22 units including 7 self-contained apartments
  • Housekeeping staff in place
  • Plenty of car parking available
  • 3 bedroom residence with outdoor area
  • Part of successful Golden Chain motel
  • Strategic coastal location attracting year-round visitors
  • Turnover: Not disclosed
  • Net Profit: $252,236
  • Rent/Lease: 20 years remaining on the lease
  • Stock Value: Not disclosed
  • Established: Not disclosed

Business Details

Business Category Motel

- 22 units including 7 self-contained apartments.

- Great business for the family to run with house-keeping staff in place.

- Plenty of car parking including parking for large vehicles.

- 3 bedroom residence with outdoor area and garage.

- Successful chain incorporated motel – Golden Chain.

- 20 years remaining on the lease.

Welcome to an exceptional opportunity to own a thriving business in the heart of Portland, Victoria's charming coastal town. With coastal beauty this is a strategic location that attracts visitors, year-round.




Net Profit: $252,236 for 2022/23



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

Property ID: 2349ML (quote when enquiring)



Portland is Victoria's first settlement and is one of the best kept secrets. Situated on the far South West Coast of Victoria it is a perfect holiday destination for all. Portland has been a place where industry and natural beauty have had to co-exist. The region is home to a diverse industry base, primarily manufacturing, primary production, community and health services, tourism, education, transport and retail sectors.

Property Code: 4604

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: 616408