Outstanding 4 Star Leasehold Motel Offering 28.4% ROI
If ever there was an opportunity to walk straight into a successful business and immediately start reaping the rewards, this is it.
This outstanding 4 Star leasehold motel is just 8 years old and in immaculate condition, showing consistently high corporate occupancy.
An award-winning establishment, offering an ROI of 28.4%, the business benefits from having been meticulously designed and built to ensure every detail has been covered.
- Located in Bairnsdale - the business capital of East Gippsland
- 16 ground level, King and Queen rooms with spas and jacuzzis
- Spacious, self-contained luxury apartment
- All units feature reverse cycle air-conditioning, high speed Internet, iPod docks, mini bar and more
- Parking outside the door of all suites
- Easy access room for disabled guests
- #1 on TripAdvisor; Certificate of Excellence winner 2013, 2014, 2015, 2016
- Huge corporate following
- No evening restaurant; breakfast dining room at reception
- Owner's residence has 2 large bedrooms both with ensuites, a large living area with private balcony and rural views
- Easily run by a couple with casual cleaning staff
- All procedures comprehensively documented for smooth transition
- Superb opportunity with 25 year lease
- Good nett profit plus MARKET RENT
With excellent turnover, this superb accommodation business also benefits from the many tourists who tour the Great Alpine Road.
The motel is just minutes from top restaurants, shops and amenities, and close to food and wine trails, the famous Buchan Caves, Raymond Island, and the spectacular Gippsland lakes.