Business For Sale Ballarat, Victoria 3350
Business Category Motel
LEASEHOLD $900,000
Description
The Golden Nugget Has Been Found - 2819ml
To say Ballarat is hot at the moment is an understatement.
An easy run 15 room motel located in the heart of Ballarat.
2 minute walk to Bridge mall, shopping centre and restaurants.
25 year lease, with new rental determination just completed.
Solid turnover, strong tariffs, high occupancy rate and reasonable rent make it a successful buy.
Large, modern and comfortable 4 bedroom residence onsite.
Indoor heated swimming pool and barbeque area.
Exclusive to Tourism Brokers.
Net Profit: $219,848 for 2022/23
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2819ML (quote when enquiring)
Property Code: 4832
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This business is somewhat unique and has no similar competition in this region, category or price bracket.