CAPITALISE ON DAYLESFORD’S TIMELESS TOURIST APPEAL WITH THIS HISTORIC MOTEL

Description

CAPITALISE ON DAYLESFORD’S TIMELESS TOURIST APPEAL WITH THIS HISTORIC MOTEL Central Springs Inn is a beautifully maintained, historic 26-room motel any operator would be proud to call their own. Daylesford is Australia’s premier spa destination with a pedigree spanning more than 170 years. Set across two 150-year-old buildings, this welcoming hotel exudes heritage and tradition. The business recorded a net profit for FY23 of $518,690, and is currently tracking to match that for FY24. Central Springs Inn is a true turnkey opportunity. The existing setup promises a steady income from day one with no capex required. With 29 years remaining on a 30-year lease that commenced in April 2023, the business is underpinned by excellent security of tenure. Ease of operation is a main drawcard for this business. The motel is currently operated remotely with contactless check-in. Should the buyer wish to operate the motel onsite, there is the convenience of a well-appointed, two-bedroom manager’s cottage. Beautifully maintained, historic 26-room motel in tourist mainstay of Daylesford Located 1.5 hours’ drive from Melbourne in Australia’s premier spa destination Long-term lease with 29 years remaining Operational flexibility: motel can be run remotely or onsite Strong net profit of more than $500K from trading income of over $1M 35-person conference room attracts business trade Two-bedroom manager’s residence can be rented out or occupied by operator Significant growth potential to drive occupancy and boost revenue Inspection by appointment only