47/1 Mairburn Road,
Metung, VIC 3904
Hotel, Motel & Leisure
Price information
Sold
Contact Agent
Key property information
Floor area
Tenure type
Sold on
Map of 47/1 Mairburn Road
METUNG HOLIDAY VILLAS - FREEHOLD AND MANAGEMENT RIGHTS
Heart of the Gippsland Lakes
Metung is the 'jewel' of the picturesque Gippsland Lakes with its seaside village atmosphere and boating prominence makes it a truly unique offer in the accommodation industry.
The Metung Holiday Villas are being offered for sale with both freehold and management rights. Presented in an immaculate condition this business currently offers an approximate EBITDA of $300k PA together with extremely attractive tax depreciation benefits.
Consists of:
- Freehold ownership to 38 villas (individual strata titles)
- Freehold title to the two storey four bedroom residence and office
- Management Rights to the total of the 45 villas
- Income earning Owners Corp agreement for the common area
- Additional 2 bed cottage fully let
- Swimming Pool and recreation areas
Exceptional opportunity for an owner/operation or partnership looking for that seaside lifestyle with excellent profit performance.
Inspection by Appointment
Michael Walstab
Accommodation and Business Broker
Metung is the 'jewel' of the picturesque Gippsland Lakes with its seaside village atmosphere and boating prominence makes it a truly unique offer in the accommodation industry.
The Metung Holiday Villas are being offered for sale with both freehold and management rights. Presented in an immaculate condition this business currently offers an approximate EBITDA of $300k PA together with extremely attractive tax depreciation benefits.
Consists of:
- Freehold ownership to 38 villas (individual strata titles)
- Freehold title to the two storey four bedroom residence and office
- Management Rights to the total of the 45 villas
- Income earning Owners Corp agreement for the common area
- Additional 2 bed cottage fully let
- Swimming Pool and recreation areas
Exceptional opportunity for an owner/operation or partnership looking for that seaside lifestyle with excellent profit performance.
Inspection by Appointment
Michael Walstab
Accommodation and Business Broker
Additional information
External websites
Property ID: 501279859Last Updated: 3 May 2018
03 5152 33...
47/1 Mairburn Road
Metung, VIC 3904
King and Heath First National - Bairnsdale125 Main Street
BAIRNSDALE, VIC 3875
BAIRNSDALE, VIC 3875
Contact Agency
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Ocean Views Motel Lakes Entrance, 3300 Princes Highway,Kalimna, VIC 3909 7400 m²Hotel, Motel & Leisure • Development Sites & Land • Other