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Located in Ballarat, the largest provincial inland city in Victoria, this motel checks off all the necessary requirements for a successful investment.
With a 3.5-star rating, Ambassador Motel has had continued growth over the previous 5 years and it continues with July 2023 being their best July ever. It is a stable and lucrative business that serious buyers should not miss out on.
Conveniently situated on Sturt Street with neighbours including a fish and chip shop, a wood fired pizza/pasta restaurant, a laundry, a bakery, Cellarbrations liquor store, a hairdress and an indian grocery store.
The Ambassador Motor Inn offers a diverse range of rooms and attracts a wide range of loyal customers who keep coming back.
This motel has a comfortable 2 bedroom manager's residence, swimming pool and BBQ area for guests to enjoy.
With a long lease and fair market rent, this motel gives the astute buyer an opportunity to enter the market in a town that rarely has motels available to purchase, due to its success behind Melbourne and then Geelong as the most popular and successful motel towns.