Nestled in the highly sought-after town of Barooga, this asset is perfectly positioned to capture the thriving tourist marketjust a short walk from the picturesque Murray River and renowned golf courses. The area is a popular holiday destination, attracting visitors from Melbourne, a convenient three-hour drive away.
The Sunrise Motel offers a unique business opportunity for an entry-level operator eager to enhance its potential. With a current occupancy rate of 77 per cent, there is significant room for growth. The current owners have recently installed new carpets and air conditioning in all rooms, setting the stage for further improvements that could elevate occupancy rates into the high 80s. The attached three-bedroom, one-bathroom residence provides comfortable accommodation for an owner-operator or manager, adding to the property's appeal.
This leasehold opportunity comes with a 16-year term. The motel's prime location in a popular tourist town, combined with its potential for increased profitability, makes it an attractive proposition for those looking to enter the accommodation industry.
- Significant potential to boost net profit
- Walking distance to scenic golf courses and the Murray River
- Prime holiday destination
- Solid occupancy at 77%
- Ideally located three hours from Melbourne
- Strategically located in a popular motel town
- Ideal for entry-level operators seeking to enhance profitability
- Nine-room motel in Barooga, home to prestigious golf events
- Inspections are by appointment only
