A Cracking Freehold Motel With Huge Potential - 2168MF
- A 34 room ground floor motel in the heart of the Gippslands.
- Sitting on 5,277 m2, a development dream.
- Main street frontage with rear access.
- Can be split into Restaurant and 12 rooms, leaving 22 rooms, breakfast / dining area and residence (STCA).
Ready to take it to the next step?
- Create a website (never had one)
- Increase tariffs (not done in years - cheapest motel in town)
- Accept bus trade enquiries (not currently taking them)
- Create lease with extra rent from restaurant (minimum $50,000 per annum)
These are just a few examples of where your entrepeneur mindset can take you to boost this motel in to the next millenium. Enquire now for more information.
Net Profit: $575,706 for 2023/24 (as provided by vendor)
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
