STRONG RELIABLE CORPORATE MONEY MAKER - 2595ML

LEASEHOLD $2,900,000

3,888 m2

40 + corporate 4star plus rooms.
Easily runs under management with team happy to remain.
Unique Regional corporate offering for the Victorian Market.
Popular destination, regional centre, easy travel to Melbourne.
Walk to CBD Restaurants and offerings - conveniently located.
Strong, reliable and continual business with frequent two night stays or more.
Executive offerings with modern finishes throughout.
Well trained staff and teams.
Strong and well-established systems.
Immaculately maintained - no need for a refurbishment, the offering is quality.
Modern low maintenance construction creating a quiet oasis for guest.
Previously independently valued on 2+ occasions at $3M.
In addition to the strong business aspects of the area, guests are able to enjoy the public Art and Heritage Trail, bridge and walking tracks, botanic gardens. regional art gallery. golf club and extensive antique collectables areas.

Victorian Regional tourism is reliable and growing. According to Business Victoria: “The tourism industry in Victoria has thrived in recent years, delivering major economic benefits for the State.” “In 2019-20 the state's tourism industry generated $23.4 billion (directly and indirectly) in Gross State Product, accounting for 5.0 per cent of Victoria's economy. Tourism in Victoria generated 232,000 jobs in 2019-20, equating to 6.8 per cent of employment in the state (23 Dec 2021).” “Australians' thirst for travel has grown rapidly over the last decade. And most of the growth has been within Australia – with over 90 percent of total trips by Australians remaining domestic (1 Feb 2021).”

The property prospers through its ability to attract domestic tourists with these strategies:
1.    Using local SEO
2.    Promoting local attractions
3.    Work with local influencers
4.    Offering a safe homey atmosphere
5.    Stay flexible
6.    Select print marketing.

$830,000 building to normal trade of $850+ expected going forward
$750,000 expected for the 2021 / 2022 fin year COVID impacted in early months.

Contact Michael Philpott from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2595ML (quote when enquiring)

Price	LEASEHOLD $2,900,000
Property ID	2595ML
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TOURISM BROKERS CLIENT CONFIDENTIALITY AGREEMENT

IMPORTANT MESSAGE TO ALL PROSPECTIVE PURCHASERS AND LESSEES

If you are a genuine Prospective Purchaser or Lessee, and you would like to obtain additional information in respect of any listing ofTourism Brokers it is a requirement that you agree to this Confidentiality Agreement below in order to request information on a property. Tourism Brokers will respect the discreet nature of your enquiry, as we do for all our clients.

To: Tourism Brokers Pty Ltd & Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers
Centralised Administration 32 - 34 Lamorna Avenue
Beecroft NSW 2119

Ph: 1300 512 566 (International +61 2 9872 9943)
Fax: 1300 571 479 (International +61 2 9872 1464)

Email: sales@tourismbrokers.com.au

Having declared in general principle, that I/we have a genuine interest in Tourism Brokers listing/s, I/we now request that, in your capacity as broker for the Vendor, you supply us with a copy of a current “Information Memorandum” (the “Memorandum”) or similar, describing the requested listing/s in further detail. I/we undertake that the Memorandum or similar additional information, will be used for no purpose other than to assist me/us in determining whether I/we/our client wish to purchase or lease the said business/property listed. [note, if you are a professional adviser or similar acting on behalf of a client or some third party, you are required to nominate your client’s name below]. I/we agree that the Memorandum and any other information or material made available to us (written, verbal or otherwise) via Tourism Brokers or the Vendor or their Solicitors, will remain strictly confidential.

To maintain the confidentiality of the information and material made available to me/us, I/we agree as follows;

a) The information and material will only be distributed on a “need to know basis” to me/us, our senior executives or directors of our company, and /or professional advisers and financiers to my/our company, and I/we shall take responsibility that all parties involved will be bound to and will adhere to the terms of this agreement.

b) Any copies made of the information and material will only be for the purpose of internal communications and that a system will be instituted to facilitate the recovery of any such copies.

c) To undertake to return all information and material (including any additional copies) toTourism Brokers.

This undertaking shall not apply to information and material that;

a) At the time of provision or disclosure, or subsequently (through no fault of me/us) becomes in the public domain.

b) Was already known to me/us before the date thereof.

c) Is subsequently provided or disclosed to me/us by a third person who has the right to provide or disclose same.

d) Is disclosed by me/us pursuant to any law or order of any court, of any governmental agency or other regulatory body with whose instructions me/us are bound to comply with.

Although I/we understand that Tourism Brokers Pty Ltd, Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers and the Vendor and their Solicitors believe that the material to be provided is accurate to the best of their knowledge, I/we acknowledge that no representation or warranty has been made or given as to the accuracy or completeness of any information or material obtained. I/we agree that neither Tourism Brokers nor the Vendor or their Solicitors have any liability to me/us or any of our advisers or representatives, arising from the selection or use of the information or material by me/us and any associates.