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DealProspect/Listings/Hospitality & Tourism

Lake Bolac Motel – Freehold Going Concern

Motel

ActiveHospitality & TourismVictoriaB2C
Asking price
$695,000
Disclosed · AUD
Revenue
EBITDA
Implied multiple
n/a
Price includes the property
Brief
  • 8-room regional motel with freehold property included, located directly on the Glenelg Highway in Lake Bolac, Victoria
  • Positioned on a route connecting Ballarat, Hamilton, the Grampians, Ararat, Stawell, Horsham, the Surf Coast and Warrnambool
  • Ground-floor rooms in Queen, Twin and Family configurations with reverse-cycle air-conditioning, smart TVs and bar fridges
  • 13kW solar and battery system installed
  • Owner's accommodation with a private garden included
  • Scope to increase occupancy and turnover under a more active operator