THE OWNERS ARE READY TO RETIRE, OPPORTINTY KNOCKS, ARE YOU LISTENING? ALL OFFERS WILL BE CONSIDERED WITH VENDOR FINANCING AVAILABLE FOR APPROVED PURCHASERS.
Set on one of the highest exposure corner sites in Lakes Entrance sits this little gem of a motel! Boasting a Net Profit of approximately $80,000 annually after expenses (figures provided by vendor) There is a huge return here for the keen investor.
An amazing business with a long track record of profitability spanning over a decade, this opportunity provides a new owner not only strong initial income, there is also genuine upside here for someone with a little imagination who can grow the business forward into the 21st century.
- 17 Motel Units, all ground level, each with a car space
- Large concrete driveway with separate entry and exit points
- On site 1 bed managers residence adjoining reception/office
- Bed and Breakfast operation only, easily run by an owner operator
- High profile location with Esplanade frontage (corner of Esplanade & Carstairs Ave)
Inspections are welcome by appointment and full financial information is available by request through Bret Ward Real Estate (Bairnsdale Office) or call Luke Oakley on 0432 093 153.
Property Code: 945
