Summary
This well-established and highly regarded accommodation facility strategically situated in Gippsland presents a compelling opportunity for savvy inves...
Revenue
$760,000 pa
Location Details
Gippsland
Lease
Freehold
Employees
6
Reason for Sale
Retirement
About the Business
This well-established and highly regarded accommodation facility strategically situated in Gippsland presents a compelling opportunity for savvy investors seeking a successful hospitality venture. With a prime location, excellent reputation and financially sound business, this is an opportunity not to be missed.
This Motel has demonstrated strong consistent turnover and exceptional profit over a long period and is the perfect opportunity for the experienced operator or those new to the industry looking to purchase a well-established performer.
Key Points:
Built-in 1975
27 rooms - deluxe queen, family rooms, twin share and executive suites
Revenue $790,000
Area 3,600 sqm
Minutes walking distance to the local cafes & Shops
Majority of income from regular customers
High Occupancy rate
Two bedroom manages accommodation unit
Upcoming development and infrastructure projects in the vicinity present a lot of potentials
Easy operation with minimal staff for front office and cleaning
Potential to redevelop the premises up to Three story building (Subject To Council Approval)
·Asking Price – $3,200,000
If this is an opportunity that interests you, please contact the agent below to discuss further. On completion of a confidentiality agreement and discussion, a comprehensive Information Memorandum can be provided.
Dilun Pathirana
Mobile: 0426 291 868
Everest Commercial
Property & Business Brokers
Her Majesty’s Business Centre Level 1, 54 Davis Avenue,
South Yarra, VIC 3141
Email: Dilun@everestcpbb.com.au
www.everestcpbb.com.au
History
40 Years
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