637 Esplanade,
Lakes Entrance, VIC 3909
Hotel, Motel & Leisure
Price information
Sold
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Key property information
Floor area
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Map of 637 Esplanade
LAKES ENTRANCE FREEHOLD
Located in one of Victoria's renowned premier tourist destinations, close to all amenities and the Ninety Mile Beach footbridge, this well presented motel offers an attractive gross yield of 7.2%.
The current lease details:
Lease Term:
5 Years commencing 18/11/2012
Options:
2 x 5 Years
Current Rental:
$59,184 inc GST
Increases:
CPI
Offering 8 motel rooms, 2 x 2 bedroom family rooms, spa room and a 3 bedroom residence with large lounge/dining room with separate office. The property is well maintained by current leasehold owners.
Inspections welcome by appointment
Michael Walstab
Accommodation and Business Broker
The current lease details:
Lease Term:
5 Years commencing 18/11/2012
Options:
2 x 5 Years
Current Rental:
$59,184 inc GST
Increases:
CPI
Offering 8 motel rooms, 2 x 2 bedroom family rooms, spa room and a 3 bedroom residence with large lounge/dining room with separate office. The property is well maintained by current leasehold owners.
Inspections welcome by appointment
Michael Walstab
Accommodation and Business Broker
Additional information
External websites
Property ID: 501578353Last Updated: 10 Sep 2015
03 5152 33...
637 Esplanade
Lakes Entrance, VIC 3909
King and Heath First National - Bairnsdale125 Main Street
BAIRNSDALE, VIC 3875
BAIRNSDALE, VIC 3875
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