Business For Sale Victoria
Business Category Motel
DEVELOPMENT SITE
Description
A Rare Coastal Development Opportunity Not To Be Missed - 24ds
- A 5-year project by the owner is now coming to fruition.
- 26 brand new strata titled apartments to commence this year.
- Ideal for short or long-term stays.
- Cafe/bar on the Great Ocean Road (retailing for $600,000).
- 3 x 2 bedroom apartments retailing for $650,000 each.
- 3 x 3-4 bedroom Townhouses retailing for $900,000 each.
- 7 x 2Bedroom apartments in a block retailing for $650,000 each.
- 8 x 1 bedroom apartments retailing for $450,000 each.
- 4 x 2 bedroom apartments retailing for $600,000 each.
Land valuation $3m
Civils to be completed $2m
Building costs - TBA
** Please note - some of these apartments are already secured.
Buy in now to secure the newest accommodation opportunity on the great Ocean Road.
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 24DS (quote when enquiring)
Property Code: 3855
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This business is somewhat unique and has no similar competition in this region, category or price bracket.