Hamilton, Victoria 3300
SOLD
Key Features
AI generated. Contact seller to confirm.
- Centrally located near amenities and attractions
- Easy to run by one or two people
- 10 motel rooms including a two-bedroom apartment
- Recent refurbishments ensure property presents like new
- Preferred motel for repeat guests
- Strong demand in the area
- Turnover: Not disclosed
- Net Profit: $145,193
- Rent/Lease: Long lease with reasonable rent
- Stock Value: Not disclosed
- Established: Over 160 years
Business Details
Business Category Motel
- Number 1 Best value motel in Hamilton as listed on Tripadvisor.
- Centrally located close to hotels, restaurants, cafes and supermarkets, this property ticks all the boxes for your guests.
- Also conveniently located near the prestigious Hamilton and Alexander College, Convention Centre and Showgrounds and the Western District Hospital, this is a preferred motel for guests visiting these establishments.
- Easy to run by one or two people, it offers a long lease with reasonable rent.
- With 10 motel rooms, including a two bedroom, two bathroom apartment, this property will continue to be in demand by their repeat guests.
- Recent refurbishments ensure this property presents like new, ensuring it stays No. 1.
Net Profit: $145,193 for 2022 calendar year
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2074ML (quote when enquiring)
Location: Hamilton is at the base of the Southern Grampians and is ideally located between Melbourne and Adelaide. It is well serviced by major highways and has a regular daily air service to and from Melbourne. It has a current population of around 9,250 and is only 285 kms from Melbourne. Hamilton, both the geographic and business hub of the region, has been the centre of a large and wealthy pastoral industry for over one hundred and sixty years and has grown to become a thriving country city. Exhibiting style and quality, with excellent shopping, diverse architecture, an outstanding art gallery and stunning botanic gardens, this gracious city offers a first-class visitor experience.
Property Code: 4417
What's Nearby
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This business is somewhat unique and has no similar competition in this region, category or price bracket.