Fantastic growth opportunity with significant upside potential - 2908MF

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 20242025 - 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