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Wodonga VIC 3690
Sold on 7 Sep 2023

Wodonga VIC 3690

  • Hotel, Motel, Pub & Leisure
  • Sold

Iconic vic motel first time to market profit over $1.1m with room to grow | Resort Brokers ID : FH007851

    ResortBrokers is excited to exclusively present for the first time ever to market the freehold going concern of Blazing Stump Motel & Suites in thriving Wodonga.

    This is an incredible opportunity to own and operate a business of considerable scale and incredible repeat clientele in one of Victoria's most rapidly growing regions.

    On offer is the well-established and highly profitable motel freehold business comprising 56 rooms and 10 cabins. Appealing to all markets the business boasts a turnover of circa $2.6 million with a net profit of over $1.1 million underpinned by exceptional goodwill built up over the last three decades of operation.

    Also on offer is an adjacent parcel of land measuring approximately 7,000 sqm.

    Established in 1992, Blazing Stump Motel & Suites has cemented itself as one of Wodonga's most popular accommodation venues. The owners have continually upgraded and reinvested in this immaculate property.

    The motel has a wide variety of accommodation options from suites to apartments to cabins making it an attractive destination for both corporate and leisure trade. The motel benefits from strong repeat clientele, particularly its corporate trade which is driven by both private and public sector contracts.

    Located in one of Victoria's fastest developing regions, Blazing Stump is perfectly positioned to take advantage of Wodonga's continued growth as both a population center and economic powerhouse.

    Well established motel with solid 30-year track record
    Immaculate condition 
    - Adjacent 7,000 sqm block of land with compatible zoning
    Goodwill built up over the last three decades
    - Wide variety of accommodation, including suites, apartments and cabins
    - Conference and boardroom facilities cater to corporate trade
    - Continued increase in trading year-on-year
    Located in a booming region with Prime position just off the Murray Valley Highway
    - Less than 3 km from the heart of Wodonga and an easy drive to Albury
    Longstanding employees make for a smooth transition 
    Inspections by appointment only

    Property Highlights

    Date Sold7 Sep 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018693253
    Category
    Last updated  11 Oct 2023
    Map for Wodonga VIC 3690

    Property Highlights

    Date Sold7 Sep 2023
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018693253
    Category
    Last updated  11 Oct 2023
    362 Montague Rd West End QLD 4101

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