Motel · Midland · FH008743

High-performing motel in Perth's eastern suburbs - Net Profit over $668,000

ResortBrokers is pleased to present the Budget Motel Midland, a rare freehold going concern opportunity located in the heart of Midland, a growing satellite city within the Perth metropolitan area. Offered to the market for the first time in 17 years, this 32-room budget-style motel spans two two-storey buildings on a substantial 2,106m² land parcel within the Midland Redevelopment Area, offering excellent long-term development potential. The property has shown a strong trading performance with a consistent upward trajectory, achieving an adjusted net profit of $668,000 in FY24 and projecting further growth in FY25. Current occupancy sits at an impressive 76%, driven by its proximity to key demand drivers such as the Swan Valley, Perth Airport, and major arterial routes. The motel is easily managed with experienced staff and includes a renovated one-bedroom manager’s residence connected to reception. With limited local competition, scope for cosmetic refurbishment, and future redevelopment potential, this property is ideally suited to owner-operators, corporate investors, or developers seeking a high-performing asset in a high-growth location. Contact ResortBrokers today to request the Information Memorandum or arrange an inspection.