Just Listed

PRESTIGE LOCATION AND ACCOMODATION IN THRIVING VICTORIA’S SECOND LARGEST CITY - 2876MF

FREEHOLD $8,300,000

  • Just over an hours drive from Melbourne.
  • Freehold Going Concern - no lease encumbrances.
  • 23 contemporary rooms with a mix of deluxe, spa and family suites.
  • Outstanding location - opposite the waterfront, walking distance to the CBD, University, hospitals, and transport.
  • Solid trading history with consistent occupancy and revenue growth.
  • High-visibility site with excellent exposure.
  • Well-maintained, purpose-built property.
  • Secure off-street parking for guests.
  • Long-term operational team in place - ideal for investor or owner-operator.
  • Additional revenue with long term retail shop on floor level.

 

Net Operating Profit / EBITDAR: $625,000 as per valuation

 

Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2876MF (quote when enquiring)

 

Price FREEHOLD $8,300,000
Property ID 2876MF
Category Motel

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