Colac, Victoria 3250
REDUCED INVESTMENT $3,200,000
Key Features
AI generated. Contact seller to confirm.
- Price reduced to $3.2m
- Set on 4,071m2 Commercial 1 zoned land
- Public bar, bistro and beer garden with BBQ facilities
- Drive‑thru bottle shop with strong convenience potential
- 34 upgraded hotel and motel rooms in total
- 2‑bedroom manager’s residence onsite
- Turnover: Not disclosed
- Net Profit: Not disclosed
- Rent/Lease: 5 year lease commenced 16 March 2025; 4 x 5 year options (25 years remain)
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Motel
Owners want sold with price slashed to $3.2m. Outstanding and rare opportunity.
Well below replacement value with secure tenant.
5 year lease commenced 16 March 2025 with 4 x 5 year options (25 years remain).
Set on an expansive 4,071m2 parcel of Commercial 1 Zoned land, this high-performing investment boasts multiple established revenue streams, underpinned by a strong local economy and consistent tourism trade.
This fully refurbished asset includes:
- Public bar, bistro, and beer garden with BBQ facilities, catering to locals and travellers alike.
- Drive-thru bottle shop - a key convenience offering with excellent turnover potential.
- 14 upgraded hotel rooms, tastefully renovated to modern standards.
- 20 twin motel rooms, each featuring new beds, headboards with USB ports, microwaves, and fresh decor.
- Conference/function room, adding another layer of commercial flexibility.
- A comfortable 2-bedroom manager’s residence, ideal for onsite management or additional rental income.
Positioned with prime exposure on the main street of Colac, the Central Hotel Motel presents a rare and exciting opportunity for astute investors seeking a secure income and tenant that benefits from a very diversified income stream in one of regional Victoria’s key commercial hubs.
Of recent times, the Central Hotel Motel has undergone an extensive refurbishment, presenting in excellent condition and requiring no immediate capital outlay - a true 'turn-key' investment.
This landmark property offers an exceptional blend of hospitality, accommodation, and retail elements – rarely seen in regional investment opportunities.
Whether you're expanding your portfolio or entering the commercial market for the first time, this passive investment delivers strong fundamentals, versatility, and long-term growth potential. Don’t miss your chance to secure a regional icon with powerful income-generating appeal.
Contact Michael from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2875MI (quote when enquiring)
Property Code: 5210
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This business is somewhat unique and has no similar competition in this region, category or price bracket.