RESORTBROKERS are excited to present to the market the freehold and business interest of the Parkview Motor Inn Wangaratta Victoria. The vendors have owned the and operated the motel since 1982 and this is the first time it has been offered for sale in 36 years. The Parkview Motor Inn comprises a double storey, multi-building 38-unit motel with ground floor manager’s residence.

Key Features

  • First time offered to the market in 36 years
  • Substantial 38 unit motel and apartment freehold and business.
  • Currently operated under management.
  • Spacious recently renovated manager’s residence
  • History of profitable operation. Non branded Independent operation
  • Would also suit an owner/operator.

NB. Property inspections are by appointment only

Key Details

Listing Ref: FH005569
Property Type: Motel
Region: VIC - North East
Suburb: Wangaratta
Sale Type: Freehold Going Concern
Net Profit: $851,050
Price: $5,990,000 + SAV

Listing Agent(s)

Agent Feedback

It is with much pleasure that I confirm my satisfaction with the services of Resort Brokers and in particular Mr Damien Loorham. Damien’s relaxed and honest approach immediately caught my eye and I knew that any purchaser he worked with would also experience, but more importantly appreciate, his approach. He is a man of considerable skill and integrity. Damien’s communication throughout the whole process from authority to settlement was most professional and he could always be contacted, remaining within easy reach. I have absolutely no hesitation in recommending Damien’s services to anyone seeking a loyal servant who delivers what he says.

- Peter Deacon
Vendor,
Sorrento Beach Motel

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

I have known Jim Chapman for well over 10 years as we have been heavily involved in the tourism sector throughout the East Coast of Australia, however we had never actually had a business transaction take place simply because of one reason or another, so it was with great pleasure when we were finally able to team up together to sell our Quest Apartment business in Echuca. The sale was handled with the highest level of professionalism and just as importantly the sale process was very straight forward and streamlined, we were able to complete a sale that met with our expectations, not only in terms of the sale price but also with regard to the marketing and the sales process time frame that we had advised Jim we wanted.I would have no hesitation in recommending Jim Chapman if you are considering selling your business.

- David Broughton
Franchisee Owner,
Quest Echuca