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High-quality accommodation business with strong returns and future growth | Resort Brokers ID : FH008869
$5,000,000
Motel (Freehold) hospitality, SALE VIC
ResortBrokers is pleased to present The Aspen and Apartments, a premium freehold going concern in central Sale. Comprising 24 motel keys and four short-stay apartments, this high-quality asset offers modern finishes, strong repeat corporate trade, and no immediate capital expenditure. Set on a 2,816 sqm landholding with prime York Street exposure, it delivers reliable returns and excellent guest ratings.
The business attracts repeat bookings from the RAAF, major energy companies, the agricultural sector, and health services. Guest satisfaction is reflected in strong online reviews, including 4/5 on Tripadvisor and 9.3/10 on Tourist VR, supporting its consistent performance.
Future upside is driven by regional energy projects and scope to expand the letting pool, making The Aspen and Apartments a scalable and reliable Victorian growth hub opportunity.
- 24-key motel with 4 additional lease apartments on central Sale
- Prime location just minutes' walk from Sale's town centre and amenities
- Strong repeat corporate clientle from energy, defence and health sectors
- No capital expenditure required-turnakey condition
- Highly regarded boutique motel and apartments
- Located in Sale, the adminstrative centre of Wellington Shire
- Excellent guest ratings: 4.6/5 on Tripadvisor, 9.3/10 on Tourist VR
- Inspections are by appointment only
Date updated: 07 Sep 2025 23:00:03
More Information
- Total Purchase Price: $5,000,000
- Net Income: $ 497,583
(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?