Ocean View Motel – Leasehold Business Opportunity | Resort Brokers ID : LH008822
Ideally situated just 90 metres from the pristine sands of North Beach, Ocean View Motel offers unrivalled access to two of Perth’s most popular coastal destinations - Scarborough Beach and Hillarys Boat Harbour, both just a short drive away. This prime location has made it a favourite among leisure travellers seeking comfort, convenience, and value.
Over the past four years, the business has achieved impressive growth, with revenue increasing by more than 55% since FY2022 and gross profit margins consistently exceeding 80%. Strong occupancy rates also present clear potential to lift Average Daily Rates (ADRs).
Opportunities to acquire a motel in such close proximity to the beach, within a high-demand tourism hub, are exceptionally rare. With competitive room rates and an enviable location, Ocean View Motel is well-positioned to attract a steady flow of guests well into the future.
While currently holding a three-star rating on booking.com, the property has undergone ongoing refurbishments, with landlords committed to keeping the rooms well-presented and maintained to a high standard of cleanliness and comfort.
The current owner is selling due to family commitments and the commuting distance, creating a genuine opportunity for a new operator to capitalise on this high-performing, superbly located asset.
- Multiple lease terms of up to 30 years
- Revenue growth of more than 55% since FY2022
- Consistent gross profit margins above 80%
- Adjusted earnings exceeding $500k
- All 21 rooms in the letting pool
- Inspections by appointment only
For more details, please email broker or call agents.