RARE MELBOURNE MOTEL FREEHOLD WITH HUGE UPSIDE — NEAR CBD & AIRPORT

A rare chance to secure a well-established, low-maintenance motel in turnkey condition in a strategic Melbourne location.

First time to market, Fawkner Motel & Apartments is a high-quality freehold going concern perfectly positioned within 12 km of Melbourne CBD to the south, and 13 km to Melbourne Airport to the northwest.

Occupying a substantial 1,503 sqm landholding, the 27-key property includes a mix of executive motel suites, villas and townhouses that offer diversity for both corporate and leisure guests.

Fawkner Motel & Apartments presents extremely well, meaning the new owner can move straight in and begin to grow occupancy beyond its current level of 49%, boosting their bottom line in the process.

With modest operational changes, an experienced operator would be able to increase occupancy to parity with the Melbourne average of 72.4% (Source: STR)

Freehold going concern motels in Melbourne are very tightly held, making this an opportunity not to be missed.