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Seize the chance to own a thriving motel business in the heart of Horsham | Resort Brokers ID : LH008589
$2,150,000
Motel (Leasehold) hospitality, HORSHAM VIC
ResortBrokers is delighted to bring to market Comfort Inn Capital Horsham, a highly successful motel business situated in the heart of Horsham, the largest town in the Wimmera region in southern Mallee.
This exceptional business boasts 36 beautifully presented rooms, a testament to its high-quality service and modern amenities. The motel enjoys strong corporate trade, with high occupancy and room for growth through increased tariffs.
The propertys prime location on Horshams main road, opposite the sports and aquatic centre, gives it exceptional street frontage for guests on their way to/from Melbourne and Adelaide.
The motel is complemented by a successful restaurant and drive-thru cafe, adding to its solid income streams. Comfort Inn Capital Horsham is currently run remotely, making it an ideal business opportunity for those seeking a hands-off investment. If the new owner prefers to live onsite or install on onsite manager, the motel comes with a convenient and comfortable owners residence, featuring two bedrooms and one bathroom.
With a long lease to 2047 and being offered to market for the first time in over 20 years, this is a rare opportunity to acquire a well-established motel in a booming accommodation town.
- 36 well-presented rooms
- Secure investment with long lease extending to 2047
- Booming accommodation town - located in a town renowned for its thriving accommodation sector
- Strategically positioned in the bustling heart of Horsham
- Profitable restaurant and drive-thru cafe business on-site
- First time on the market in two decades
- Inspections are strictly by appointment only
Date updated: 29 Jan 2025 22:00:02
More Information
- Total Purchase Price: $2,150,000
- Net Income: $ 580,004
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
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Number of units the manager is authorised to manage.
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The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
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The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?