REDUCED, OWERS WANT IT SOLD, ALL OFFERS PRESENTED - 2908MF

FREEHOLD MOTEL FOR SALE<br />
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- Art Deco style motel with strong tourism appeal in historic Beechworth.<br />
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- Motels in the areas are thriving with some achieving above 85% occupancy.<br />
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- Fully renovated rooms circa 2019 with approx. $1.3M invested.<br />
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- Further upgrades completed by current owner including reception, driveway, laundry, manager’s unit, carpets, mattresses and décor.<br />
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- Operated under off-site management since 2020 with onsite manager and casual cleaning staff.<br />
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- Competitive room rates from $142, below Beechworth average daily rate of $249 (May 2026).<br />
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- Positioned to benefit from underutilised marketing and repositioning opportunities..<br />
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- Diverse guest mix including tourism, corporate, trade and executive travellers<br />
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- Located in Victoria’s High Country, approximately 3 hours from Melbourne.<br />
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- Beechworth renowned for gold rush history, breweries, bakery, scenic attractions and strong tourism demand.<br />
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- Regional Victorian motels and hotels averaged approximately 70% occupancy during 2024–25.<br />
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- Detailed financial information available upon request, subject to confidentiality.<br />
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- Huge upside and a must to consider. <br />
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Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.<br />
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Property ID: 2908MF (quote when enquiring)<br />
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Property Code: 5463