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RARE MELBOURNE MOTEL FREEHOLD WITH HUGE UPSIDEâ NEAR CBD&AIRPORT | Resort Brokers ID : FH008860
$4,950,000
Motel (Freehold) hospitality, FAWKNER VIC
A rare chance to secure a well-established, low-maintenance motel in turnkey condition in a strategic Melbourne location.
First time to market, Fawkner Motel&Apartments is a high-quality freehold going concern perfectly positioned within 12 km of Melbourne CBD to the south, and 13 km to Melbourne Airport to the northwest.
Occupying a substantial 1,503 sqm landholding, the property consists of 18 beautifully presented executive motel suites that offer appeal for both corporate and leisure guests.
Fawkner Motel&Apartments presents extremely well, meaning the new owner can move straight in and begin to grow occupancy beyond its current level of 43.7%, boosting their bottom line in the process.
With modest operational changes, an experienced operator would be able to increase occupancy to parity with the Melbourne average of 72.4% (Source: STR)
Freehold going concern motels in Melbourne are very tightly held, making this an opportunity not to be missed.
- 18-key executive motel accommodation
- Strategically positioned 12 km from Melbourne CBD and 13 km from Melbourne Airport
- Low-maintenance, turnkey business in excellent condition
- Huge upside to grow occupancy and revenue
- Consistent trade from both corporate and leisure guests
- First time offered to market as a freehold
- Includes comfortable 3-bedroom owner’s residence
- Opportunity to purchase 3 x townhouses on separate titles (zoned residential) with combined income of $198,686
- Opportunity to purchase 2 x villas on separate titles (zoned residential) with combined income of$153,517
- Inspections by appointment only
Date updated: 11 Sep 2025 23:00:02
More Information
- Total Purchase Price: $4,950,000
- Net Income: $ 0
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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: undisclosed
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This is the body corporate caretaker salary. It is included in the Net Income above.
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The value of on-title property included with the business. Its price is included in the Total Purchase Price.
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