Freehold Going Concern - Two Motels
Freehold Going Concern - Two Motels
Freehold Going Concern - Two Motels
Freehold Going Concern - Two Motels
Freehold Going Concern - Two Motels
Freehold Going Concern - Two Motels
Freehold Going Concern - Two Motels
Freehold Going Concern - Two Motels

Freehold Going Concern - Two Motels

$3,350,000Under Offer

This is a sensational opportunity to secure a large freehold going concern in the strong Gippsland town of Sale. The motel is on two titles and although run as one could be separated into two motels - one could be upgraded to a 4 star property. This is just one idea for this versatile opportunity.

Key Features

  • Largest motel in town
  • Two titles, two separate motels (opposite side of the road)
  • Strong motel town, 200km east of Melbourne
  • Very stable income over many years.
  • Nicely presented motel that could easily be upgraded to improve investment return
  • Solid 14.5% return on investment
  • Excellent opportunity to sell off a lease.
  • Inspection a must for serious freehold buyers

 

NB: Property inspections are by appointment only

Key Details

Listing Ref: FH004263
Property Type: Motel
Region: VIC - Gippsland
Suburb: Sale
Sale Type: Freehold Going Concern
Price: $3,350,000

Location

Listing Agent(s)

Agent Feedback

First person Jim Chapman brought through the door bought out motel. Without someone with Jim’s knowledge of motels, I don’t think it would have happened so quickly. Jim acted in a professional manner and was able to negotiate a realistic selling price for us. Jim was able to ensure there was an easy transition between us and the new owners.

- Barry & Karren Chappel
Previous Vendors,
Clifton Motel

We have worked with Jim Chapman on two separate business sales for Quest Potts Point (NSW) and more recently Quest Beaumont Kew (VIC).  On both occasions we found both Jim and Resort Brokers extremely attentive & professional.  Jim was able to give us beneficial advice throughout the process and was a great support personally for both the purchaser and ourselves.  We highly recommend Resort Brokers.

- Steve and Liz Galea
Vendors,
Quest Beaumont Kew

I had the pleasure of meeting and dealing with Jim Chapman at Resort Brokers nearly four years ago during the sale process of our first Quest business. Having being so pleased with the way Jim dealt with the first sale, I approached Jim to sell my next Quest business where again Jim delivered the sale with excellent results. I found Jim a true Gentleman and professional. Jim's communication was consistent and advise during the sale process was invaluable putting my mind at ease and delivering me a stress free sale. I would highly recommend Jim Chapman to sell your business and I will certainly approach Jim to sell my next business. Thanks Jim, good luck and keep up the great work that you do!

- Chris Brown
Vendor,
Quest Moorabbin