Port Campbell, Victoria 3269
SOLD
Key Features
AI generated. Contact seller to confirm.
- Prime coastal location
- 18 studios and 3 bedroom residence
- Long term tenant in place
- Established business with loyal clientele
- 7% ROI and reasonable lease years remaining
- Potential for redevelopment or expansion (STCA)
- Turnover: $146,683 plus GST
- Net Profit: Not disclosed
- Rent/Lease: Lease in place
- Stock Value: Included
- Established: Not disclosed
Business Details
Business Category Motel
Investment Opportunity - A rare chance to invest in a prime commercial property along the iconic Great Ocean Road, minutes from major tourist attractions like the Twelve Apostles. Currently operating as a bustling motel, this investment property is perfect for hospitality, offering high tourist traffic and immediate revenue potential.
Key features include:
- Prime coastal location
- 18 studios and 3 bedroom residence
- Long term tenant in place responsible for all outgoings
- Established business with loyal clientele
- 7% ROI and reasonable lease years remaining
- Potential for redevelopment or expansion (STCA)
This property promises strong returns and long-term capital growth in one of Australia's top tourist destinations.
Annual Rent: $146,683 plus GST
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2846MI (quote when enquiring)
Property Code: 5065
What's Nearby
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This business is somewhat unique and has no similar competition in this region, category or price bracket.