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Sold

30% RETURN ON INVESTMENT FOR A FREEHOLD MOTEL! - 2322MF

SOLD

The current owners have successfully operated this for over 25 years. The excellent location of the Motel is second to none, with a three-street entrance and exit. The town is well known to tourists and travellers alike.

 

Key Features:

  • 20 motel rooms and 1 self-contained cabin in an excellent accommodation locality, positioned right in the centre of town. Motel rooms have been updated.  A wheelchair-friendly room.
  • Nicely presented property with relaxed atmosphere.
  • Very easy to operate complex, no food provided onsite, but locally provided with CBD location.
  • Low-cost operation and high profit margin.
  • Strong future bookings for FY23 going forward.
  • Highly recommended for a great motel business to own and/or operate.
  • A place to stay with an enviable location.
  • One minute walk to the famous Waltzing Matilda Centre, the inviting aquatic centre and squash courts.
  • A short walk to cafes, bars, and restaurants
  • High occupancy rates achieved consistency.
  • Up-to-date financials.
  • Current food license.
  • Commercial laundry.
  • Paved outdoor barbeque area.
  • Room for expansion – potentially 8 cabins and more.

 

Strong tourism area, the property is well positioned and provides a base for guests visiting the area

  • Australian Age of Dinosaurs Museum
  • Dinosaur Stampede at Larry Park Conservation Park
  • The Waltzing Matilda centre Museum
  • Bladensburg National Park
  • Winton Diamantina heritage truck and machinery museum
  • Arno’s Wall
  • Musical Fence
  • Quantilda Museum

 

The local Council is very proactive and has a dynamic Tourism office that are working together to grow the areas tourism and benefit all. Embark on a journey through ancient history, mesmerizing landscapes, and genuine Outback hospitality. Discover the magic of Winton now!

 

Net Profit: $375,991 for 2021/22 (as provided by vendor)

 

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2322MF (quote when enquiring)

 

 

Price SOLD
Location Winton
Property ID 2322MF
Category Motel

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