Freehold Going Concern In Strong Victorian Town, 15% ROI
Freehold Going Concern In Strong Victorian Town, 15% ROI
Freehold Going Concern In Strong Victorian Town, 15% ROI
Freehold Going Concern In Strong Victorian Town, 15% ROI
Freehold Going Concern In Strong Victorian Town, 15% ROI
Freehold Going Concern In Strong Victorian Town, 15% ROI
Freehold Going Concern In Strong Victorian Town, 15% ROI
Freehold Going Concern In Strong Victorian Town, 15% ROI

Freehold Going Concern In Strong Victorian Town, 15% ROI

$1,695,000Sold

The Rose City Motor Inn is located in Benalla, North East Victoria, two hours from Melbourne. The 24 room motel has had significant refurbishment works completed over the past 12 months. Benalla properties are very tightly held, don't miss this opportunity.

Key Features

  • 24 room bed and breakfast, freehold and business motel. 
  • Opportunity for development of further units/cabins.
  • The motel is still in a growth phase with an opportunity to increase OCC and ARR.
  • A solid 15% ROI with no immediate capital investment needed. 
  • Refurbishment completed over the last 12 months
  • Good mix of corporate, leisure and walk in business.
  • Benalla continues to grow with national and international events.

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: FH004221
Property Type: Motel
Region: VIC - North East
Suburb: Benalla
Sale Type: Freehold Going Concern
Net Profit: $250,240 Projected
Price: $1,695,000

Listing Agent(s)

Agent Feedback

We have high respect for Resort Brokers for professionalism and Damien upheld this with his approachable manner, fantastic communication and above all selling our business within 3 months. During the time until settlement Damien was always in contact with us and also following settlement.  We would certainly recommend Damien & Resort Brokers.

- Damien & Louise Robinson
Vendor,
Best Western Stagecoach Motel

Damien, we cannot thank you enough for all your assistance helping us to sell the lease at Healesville Motor Inn. We know at times this was hard going but you stuck with it & us until we finally sold. Thank you also for keeping us up to date & always returning our calls or emails promptly. Your support during this time was invaluable & much appreciated.

- Barry & Shelly McMullen
Vendors,
Healesville Motor Inn