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High-performing motel in Perth's eastern suburbs - Net Profit over $668,000 | Resort Brokers ID : FH008743
$5,400,000
Motel (Freehold) hospitality, MIDLAND WA
ResortBrokers is pleased to present the Budget Motel Midland, a rare freehold going concern opportunity located in the heart of Midland, a growing satellite city within the Perth metropolitan area.
Offered to the market for the first time in 17 years, this 32-room budget-style motel spans two two-storey buildings on a substantial 2,106m land parcel within the Midland Redevelopment Area, offering excellent long-term development potential.
The property has shown a strong trading performance with a consistent upward trajectory, achieving an adjusted net profit of $668,000 in FY24 and projecting further growth in FY25. Current occupancy sits at an impressive 76%, driven by its proximity to key demand drivers such as the Swan Valley, Perth Airport, and major arterial routes.
The motel is easily managed with experienced staff and includes a one-bedroom managers residence connected to reception and additional income streamssuch as a
coin-operated laundry. With limited local competition, scope for cosmetic refurbishment, and future redevelopment potential, this property is ideally suited to
owner-operators, corporate investors, or developers seeking a high-performing asset in a high-growth location.
Contact ResortBrokers today to request the Information Memorandum or arrange an inspection.
- Freehold business opportunity in Perth
- First offering in 17 years
- Minimal competition in the area
- 32 keys with budget accommodation options
- Significant redevelopment potential under Midland Redevelopment Plan- Inspections are by appointment only
Date updated: 01 Jun 2025 01:00:03
More Information
- Total Purchase Price: $5,400,000
- Net Income: $ 668,935
(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
This is the approximate number of years the business' revenue would pay for the business component.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Are there any set office hours stipulated in the contract?
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?