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.
Net Profit: Available on request
Contact Michael from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2875MI (quote when enquiring)
Property Code: 5210
