24ds - A Rare Coastal Development Opportunity Not To Be Missed

Business For Sale Victoria

Business Category Motel

DEVELOPMENT SITE $2.7M + gst

Description

24ds - A Rare Coastal Development Opportunity Not To Be Missed

- Once in a lifetime opportunity to own and develop on the famous Great Ocean Road.

- A tourism mecca development.

- Ease of access to huge tourism draw cards.

- The area attracts 3.7 million domestic daytrip visitors a year, more than Uluru and the Great Barrier Reef combined. * Tourism Australia

- Project profit margin average internal rate of return of between 20% to 27% estimated as a freestanding development.

- Ability to create management rights and strata title the development to increase profits.

- 7,137 sqm that is 150 metres from the water.

- Current approval for corporate level 36 rooms, restaurant (with liquor licence), café, gymnasium and pool.

- All permits to enable construction to commence have been obtained (conditions apply - available at extra cost).

- Owners will share all options from joint venture, investment opportunities through to complete ownership. What works for you, let us know and we can try and create a deal.

- The team is ready for all opportunities.

Estimated Value $9–10 million when completed

Development Motel/restaurant/cafe/gymnasium/pool

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

Property ID: 24DS (quote when enquiring)

Property Code: 3855

Motel Information

  • Restaurant Facilities
  • Liquor Licence
  • Restaurant
  • Lease: -

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Andrew Cronin

Bsale ID: 583092
Broker REF: tourismbrokers_50_40

Tourism Brokers
Make Enquiry

Thank you, your enquiry has been sent now.