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Letting Pool: TBC
Number of units the manager is authorised to manage.
Owner Occupiers: 0
Number of units resided in by their owners.
Lock Ups: 0
Number of units owners are not renting out, but also do not live in.
Outside Agents: 0
Number of units being rented by other agents (these could potentially be acquired by the manager).
Units In Complex: TBC
The total number of units within the complex.
Remuneration: $ 0
This is the body corporate caretaker salary. It is included in the Net Income above.
Agreement Term: 0 years
How long is the caretaking contract.
Agreement Remaining: 0 years
How long remains on the caretaking contract before it must be renewed?
Agreement Age: 0 years
How long has the management rights existed.
Obligatory Office Hours:
Are there any set office hours stipulated in the contract?
Manager's Unit: 0
0
Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Manager's Car Spaces: 0
Office On Title: 0
Is there a manager's office included on the title?
Pets:
Can the manager own a pet on site?
A True Award Winner | Resort Brokers ID : LH006098
$649,000
Motel (Leasehold) hospitality, Halls Gap VIC
With this many accolades in a growing tourism market, this 23 room motel is a real winner. Located in the main street of Halls Gap, in a picturesque bushland setting at the foot of the Grampians National Park, it is perfectly set up for eco and adventure tourism.
- 38% return on investment
- 23 rooms + 2 extra rooms not currently used for accommodation
- One bedroom residence with lounge and private garden. (Interconnects with a motel room if needed)
- 2 BBQ areas, communal kitchenette, breakfast room, high-speed Wi-Fi
- Located in the main street of the town of Halls Gap
- Multi-award winning motel
- 31.9% growth in visitor spend for 12 months ending Sept 18 (Tourism Research Australia)
- Property inspections are by appointment only
More Information
- Total Purchase Price: $649,000
- Net Income: $ 235,160
(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: 2.8
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?