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Ocean View Motelâ Leasehold Business Opportunity | Resort Brokers ID : LH008822
$1,720,000
Motel (Leasehold) hospitality, North Beach WA
Ideally situated just 90 metres from the pristine sands of North Beach, Ocean View Motel offers unrivalled access to two of Perths most popular coastal destinations - Scarborough Beach and Hillarys Boat Harbour, both just a short drive away. This prime location has made it a favourite among leisure travellers seeking comfort, convenience, and value.
Over the past four years, the business has achieved impressive growth, with revenue increasing by more than 55% since FY2022 and gross profit margins consistently exceeding 80%. Strong occupancy rates also present clear potential to lift Average Daily Rates (ADRs).
Opportunities to acquire a motel in such close proximity to the beach, within a high-demand tourism hub,are exceptionally rare. With competitive room rates and an enviable location, Ocean View Motel is well-positioned to attract a steady flow of guests well into the future.
While currently holding a three-star rating on booking.com, the property has undergone ongoing refurbishments, with landlords committed to keeping the rooms well-presented and maintained to a high standard of cleanliness and comfort.
The current owner is selling due to family commitments and the commuting distance, creating a genuine opportunity for a new operator to capitalise on this high-performing, superbly located asset.
- Multiple lease terms of up to 30 years
- Revenue growth of more than 55% since FY2022
- Consistent gross profit margins above 80%
- Adjusted earnings exceeding $500k
- All 21 rooms in the letting pool
- Inspections by appointment only
Date updated: 20 Aug 2025 23:00:02
More Information
- Total Purchase Price: $1,720,000
- Net Income: $ 515,940
(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?