Fantastic Growth Opportunity With Significant Upside Potential - 2908mf
Beechworth, VIC, VIC
Description
FREEHOLD MOTEL FOR SALE - Art Deco style motel with strong tourism appeal in historic Beechworth - Fully renovated rooms circa 2019 with approx. $1.3M invested - Further upgrades completed by current owner including reception, driveway, laundry, manager’s unit, carpets, mattresses and décor - Operated under off-site management since 2020 with onsite manager and casual cleaning staff - Competitive room rates from $142, below Beechworth average daily rate of $249 (May 2026) - Positioned to benefit from underutilised marketing and repositioning opportunities - Diverse guest mix including tourism, corporate, trade and executive travellers - Located in Victoria’s High Country, approximately 3 hours from Melbourne - Beechworth renowned for gold rush history, breweries, bakery, scenic attractions and strong tourism demand - Regional Victorian motels and hotels averaged approximately 70% occupancy during 2024–2025 - Detailed financial information available upon request, subject to confidentiality Adjusted Net Profit: $359,011 for 2024/25 Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection. Property ID: 2908MF (quote when enquiring) Property Code: 5463
Financials
- Asking price
- $4,800,000
- Net profit
- $359,011
- Revenue
- —
- Profit multiple
- 13.37x
- Revenue multiple
- —
Agent
Michael Philpott
Other listings of this property
These look like the same property advertised by a different broker.
| Name | Asking Price | Multiple | ||
|---|---|---|---|---|
 | Fantastic growth opportunity with significant upside potential - 2908MF New this week+1 other listing | $4,800,000 | 13.37x | Source ↗ |