Business Sold Gippsland VIC Region, Victoria
Business Category Bed and Breakfast Hotel Motel
SOLD
Description
Rare And Exciting Freehold Group Accommodation Business In Prime Tourist Destination.
Price Reduced To Sell ! 15 Acre Freehold Accommodation Property within 2 hours of Melbourne For Sale
Well maintained and impressive site at below replacement value offers from $3.9 million WIWO
Estimated cost to replace buildings and infrastructure at above $8 million excluding the cost of the land.
Due to owners' retirement, this freehold opportunity is now available for sale at a price substantially below replacement value.
The site is currently setup as a group accommodation business with 300 beds, and will be suitable to continue "as is" or for alternative use by:
• Community or corporate group as a retreat
• Shared retreat by several friends/family members
• Special purpose accommodation for interest groups
• Health retreat
Highlights:
• Within 2 hours drive from Melbourne
• 15 acres set within a small town setting
• Sealed roads with plenty of parking spaces
• Extensive buildings with multiple accommodation styles for up to 300 guests
• Fully equipped commercial kitchen
• Additional infrastructure for multiple outdoor and sports activities
• Self-contained manager's residence
• Well connected to town utilities including electricity, water, and sewage services
• Multiple income producing opportunities
With its strategic location and purpose-built infrastructure, the site offers great value and flexibility for those seeking a fully operational property that is close to Melbourne.
Information package is available for interested parties after the signing of a confidentiality agreement. Asking price: from $3.9 million
Contact Brett Bowden XXXXXXXXXX
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This business is somewhat unique and has no similar competition in this region, category or price bracket.