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BALLARAT, VIC
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Freehold Going Concern 24 Key Motel with Approved Permit for 20 Additional Rooms
Ballarat, VIC, 3350
Accommodation/tourism
·
Motel
$7,000,000
A Rare Opportunity in Ballarat Just 1 Hour from Melbourne. Exclusively listed by Magicbricks Hotel Brokers, this is an exceptional opportunity to acquire a fully renovated and superbly presented 24-key Freehold Going Concern motel, set on a large 6,341 m block in the high-demand regional city of Ballarat. What truly sets this offering apart is the approved planning permit to construct 20 additional rooms, bringing the total potential capacity to 40 keys. This is a rare scale-up opportunity in Ballarat, with few motels offering such significant upside on a single title.Just an hours drive from Melbourne, this impressive property offers an outstanding combination of lifestyle, income, and future growth. All rooms have been stylishly upgraded, and the property includes a comfortable 3-bedroom managers/owners residenceperfect for hands-on operators or investors.Key Features: Freehold Going Concern own both the property and the business 24 fully renovated rooms including 20 motel rooms and 4 fully fitted cabins Approved planning permit in place to build 20 additional rooms Large 6,341 m landholding allowing for seamless expansion 3-bedroom manager/owners residence on-site Turnkey condition no immediate capital works required Strong year-round demand from corporate, regional, and leisure travellers Strategic high-exposure location in booming Ballarat Just 1 hour from MelbourneInspections strictly by appointment only.Contact Magicbricks Hotel Brokers today to explore this unique hospitality investment.Contact: Prit PalPhone: 0424 415 110Contact: Sumit GuptaPhone: 0433 058 571Please note that some business details are confidential and will only be shared after the Confidentiality Agreement is completed and signed.*Confidentiality Agreement:* To access further details about this business, please complete the Online Confidentiality Agreement here: https://magicbricks.com.au/business/confidentiality-agreement
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