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John Bright Motor Inn

John Bright Motor Inn

Leasehold $615,000

SOLD - John Bright Motor Inn, Bright VIC - 1P0138

Agent

Dan McDonald

0437838368

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Motels
Leasehold


John Bright Motor Inn

Leasehold $615,000

EXCLUSIVE TO MHB

Rare opportunity to secure a beautifully presented Leasehold Motel situated within a popular VIC tourism mecca!

Located within a tightly held area in the picturesque high-country location of Bright is this recently updated accommodation listing, ready for its next owners to continue its strong performance.

Situated within a short stroll to the town centre and within walking distance to nearly all Bright shops and food outlets, this property has everything going for it.

Featuring 20 beautifully presented rooms with a diverse range of formats, in-ground swimming pool, BBQ area, ample guest parking plus the added bonus of a 3 bedroom on-site family residence.

The motel has recently undergone significant upgrades with 6 updated and recently renovated executive rooms, along with a recent repaint internally in late 2019 and externally in early 2021.

This motel enjoys the benefit of significant repeat clientele with a large portion of guests booking their next stay on the day departure from their current one.

The current operators have invested in some big-ticket items with repairs and replacements over the past few years which will give the next operators a sense of ease knowing that these won’t require repair or maintenance in the near future. These include a new BBQ, hot water system repairs, replumbing and re-piping, pool pump replacement with an automatic chlorinator and new pool cleaner. Most inventory is consistently updated and upgraded also.

With the domestic market well and truly reopened, the next operator of this rare opportunity will enjoy the large and varied events that run each year and the inflow of additional customers from these events.

Key Features:

* 20 motels rooms with a variety of room configurations
* Situated within a very strong tourism location
* Significant repeat client trade
* BBQ area, in-ground swimming pool, ample guest parking
* Recent upgrades and renovations to some rooms
* Spacious 3 x bedroom family residence

With Bright being one of the regional destinations of choice this area sees an influx of travellers and tourists year-round. And, with this property’s fortuitous location to the city centre it is nearly guaranteed to continue its great run off excellent trading on the back of this alone.

An excellent opportunity for the enthusiastic operator to reap the rewards.

Contact Dan McDonald at MHB to arrange an inspection.

Agent Details

Dan McDonald | 0437838368



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