Coastal Investment Not To Be Missed - 2581mi
Portland, Victoria 3305
INVESTMENT $1,700,000
Key Features
AI generated. Contact seller to confirm.
- Popular coastal town, very close to the beach
- Currently leased to new tenants, 14 years remaining
- Large block, 4,054 m2 with side access
- Zoned General Residential - Schedule 1
- 16-room motel with two-bedroom residence
- Commercial kitchen and large dining/conference area
- Turnover: Not disclosed
- Net Profit: Not disclosed
- Rent/Lease: $90,000 per annum plus GST
- Stock Value: Not disclosed
- Established: 14 years lease remaining
Business Details
Business Category Motel
INVESTMENT MOTEL
- A fantastic opportunity to invest in a popular coastal town so close to the beach.
- Currently Leased out to new tenants, with 14 years remaining.
- A large size block of land with side access of 4,054 m2.
- Zoned General Residential - Schedule 1.
- A 16 room motel with two bedroom residence, commercial kitchen and large dining/conference area.
- Rental of $90,000 per annum plus GST.
Solid investments like these are rare, so contact Michael Philpott at Tourism Brokers for more information or to organise an inspection.
Property ID: 2581MI (quote when enquiring)
Property Code: 4842
- A fantastic opportunity to invest in a popular coastal town so close to the beach.
- Currently Leased out to new tenants, with 14 years remaining.
- A large size block of land with side access of 4,054 m2.
- Zoned General Residential - Schedule 1.
- A 16 room motel with two bedroom residence, commercial kitchen and large dining/conference area.
- Rental of $90,000 per annum plus GST.
Solid investments like these are rare, so contact Michael Philpott at Tourism Brokers for more information or to organise an inspection.
Property ID: 2581MI (quote when enquiring)
Property Code: 4842
What's Nearby
Nearby Locations
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.