Lakes Entrance, Victoria 3909
$ 3,200,000
Key Features
AI generated. Contact seller to confirm.
- Absolute marina-front position
- Freehold going concern motel
- 18 beautifully appointed guest rooms
- Average occupancy 74.7%
- Projected annual revenue approx $630,000
- Spacious two-bedroom owner’s residence
- Turnover: $630,000 p.a.
- Net Profit: Not disclosed
- Rent/Lease: Estimated yield 6%–6.5% p.a.
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Hotel Motel
Business ID: XB166955
VICTORIA’S PREMIER COASTAL TOURISM DESTINATION – ABSOLUTE WATERFRONT FREEHOLD GOING CONCERN MOTEL OPPORTUNITY
Positioned directly on the iconic Esplanade overlooking the stunning Cunningham Arm waterfront, Bamboo Motor Inn presents an exceptional opportunity to secure a fully renovated, high-performing coastal accommodation business together with valuable freehold real estate in one of Victoria’s most tightly held tourism markets. This is more than just a motel acquisition – it is a premium lifestyle and investment opportunity offering strong trading performance, established reputation, and outstanding long-term capital growth.
BUSINESS HIGHLIGHTS:
- Absolute marina-front position
- Landmark location in the heart of Lakes Entrance
- Approx. 1,500 sqm landholding (more or less)
- Approximately 4 hours’ drive from Melbourne
- Strong year-round tourism demand
- Fully renovated accommodation
- Strong repeat clientele and online presence
- Easy-to-operate motel business
- Excellent long-term growth potential
PROPERTY HIGHLIGHTS:
- 18 beautifully appointed guest rooms
- Spacious 2-bedroom owner’s residence
- Ensuite accommodation throughout
- Ample onsite parking
- Complimentary Wi-Fi
- BBQ and recreation area – Air-conditioning in all rooms
- Flat-screen TVs, Mini-fridges, Tea & Coffee facilities
- Average Occupancy: 74.7% – Average Room Rate: $137
- Quarterly Revenue: $159,196 – Projected Annual Revenue: Approx. $630,000 p.a.
Ideally positioned opposite the marina and waterfront promenade, Bamboo Motor Inn is within walking distance to cruise boat terminals, cafes and restaurants, retail shopping precinct, tourist attractions & foreshore activities.
An attractive option exists for investors seeking passive income and long-term asset growth. Potential to retain ownership of the freehold, lease the motor business to an operator, & generate attractive rental returns. Based on current trading performance, the property may achieve an estimated rental yield of approximately in range of 6% to 6.5% p.a. approximately.
Contact: Kamal Sharma, Mel Business Brokers
Phone: XXXXXXXXXX Email: XXXXXXXXXX
PRICE: $ 3,200,000
Property Code: 4744
What's Nearby
Similar Businesses For Sale