Coastal Investment Not To Be Missed - 2581mi
Business For Sale Portland, Victoria 3305
Business Category Motel
INVESTMENT $1,700,000
Description
Coastal Investment Not To Be Missed - 2581mi
- A fantastic opportunity to invest in a popular coastal town so close to the beach.
- Currently Leased out to new tenants, with 16 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 $108,190 per annum plus GST starting in April 2024.
Solid investments like these are rare, so contact Andrew Cronin at Tourism Brokers for more information or to organise an inspection.
Property ID: 2581MI (quote when enquiring)
Property Code: 4842
- Currently Leased out to new tenants, with 16 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 $108,190 per annum plus GST starting in April 2024.
Solid investments like these are rare, so contact Andrew Cronin at Tourism Brokers for more information or to organise an inspection.
Property ID: 2581MI (quote when enquiring)
Property Code: 4842
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
