Business For Sale 6 Thompson Street, Apollo Bay, Victoria 3233
Business Category Motel
Leasehold $1,650,000
Description
Seaview Motel And Apartments - 1p5941
CRE Brokers is thrilled to be offering the leasehold interest in the stunning Seaview Motel & Apartments in Apollo Bay.
Situated just metres from the spectacular Great Ocean Road directly opposite the beach and surrounded by the magnificent Coastal Ranges of the Otway National Park.
This impressive 21 room motel has been fully renovated over recent years and there is nothing more to spend. A range of room types from ocean view rooms, standard rooms and the stunning 1 & 2 bedroom apartments make this the perfect mix to be able to accommodate all types of guests. Also an added bonus is that the current 4-bedroom residence apartment has the potential to be converted into guest accommodation, boosting income for the new owner.
The Seaview Motel & Apartments has an amazingly consistent high turnover and excellent net profit. With a brand-new lease directly from the landlord, offering options until 2049 at market rent, this motel is a must-see for prospective buyers.
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:VIC - South West
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