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Address available on request Colac, VIC 3250

Address available on request,
Colac, VIC 3250

Hotel, Motel & Leisure
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Price information

Sale

LEASEHOLD $1,590,000

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A RARE TRIFECTA, WITH GREAT REWARDS - 1842ML

A rare offering with the winning trifecta.

- 30 rooms

- 25-year lease

- Over 28% ROI

Not often do you find a motel that ticks all the boxes. Located on the A1 Princes Hwy, less than 1 hour from Geelong and under 2 hours from Melbourne.

In the heart of town, offering quality accommodation with plenty of off-street parking.

Recent refurbishments mean that all the hard work has been done, including new carpet, new vanities, shower screens, new cabinetry, and paint – internal and external.

A very spacious residence is rare, with an option to downsize and add another room to sell.

A solid business that has barely blinked an eye through the last few years of trading.

With 12 industries helping the town to remain steady, and the demand for real estate at an all-time high, now is the time to invest in this booming town.

Net Profit: $452,401 for 2023/24 (as provided by vendor)


Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1842ML (quote when enquiring)

Property Code: 5104

Additional information

Property ID: 504760996Last Updated: 23 Dec 2024

04330919...
realcommercial.com.au logo
Address available on request
Colac, VIC 3250
Tourism Brokers - NSW, QLD, VIC & TAS
Centralised Administration: 32 Lamorna Ave
BEECROFT, NSW 2119

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