Cooper Business Brokers have sold a variety of motels across Victoria.

Leasehold Motel - 12 Apostles

Property Description

Cooper Business Brokers are delighted to offer for sale this extremely well presented Leasehold Motel located right in the heart of one of Victoria’s premier tourist towns.

On offer is the following:
*10 Modern Motel Units and 1 Family Apartment comprising
* 6 deluxe Queen Rooms
* 3 Deluxe Twin Rooms
* 1 Deluxe Family Room
* 1 Family Apartment that sleeps 5
* All units have kitchenettes

The Motel has a very strong trading history with a turnover in 2017 of in excess of $530,000 ex gst

The underlying Net Profit is very healthy and the return on investment is attractive to an owner operator.

The Motel is underpinned by a very long secure lease with a fair market rent being paid.

The presentation of the Motel is first class and any inspection will impress the most fastidious buyers .

The location is right, the business is strong and the healthy profitability is a great reward for effort.

For further information on this business or to arrange a formal inspection on the Motel please contact Steve Cooper on 0400 099 845

Quick Overview
Property Type : Motel
Listing Type : Sold
Listing ID : 1056
Price : AU$695,000
Motel Sold
  • Listing ID : 1056
  • Visits : 1660 in 1555 days
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