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Sold on 16 Dec 2015

251-253 Koroit Street Warrnambool VIC 3280

  • Hotel, Motel, Pub & Leisure
  • 620 m²
  • Sold

COMMERCIAL PROPERTY FOR SALE WITH SUCCESSFUL ACCOMMODATION BUSINESS + RESIDENCE

    Phone enquiries - please quote property ID 14753

    Redwood Manor Motel Apartments is now for sale and available on a WIWO basis, which includes the COMMERCIAL FREEHOLD asset.

    The property is ideally located just two blocks from Warrnambool's central business district on Koroit Street. Redwood Manor Motel Apartments offers the ideal commercial, residential and lifestyle opportunity, all in one.

    Situated on a prime 1137m2 parcel of land, the property comprises motel apartments and suites along with a spacious 3 bedroom owner's/manager's residence. The property has recently been fully renovations and the has with nothing to spend.

    Located on the Great Ocean Road, in the largest regional city in Western Victoria, the business attracts a diverse mix of business, tourist and family clientele and delivers an excellent year round cash flow.

    The property is currently owner operated by a single person, with casual staff in peak periods. Purchase and operate this business for an above average net profit or purchase the freehold and sell the lease, with excellent annual rental returns guaranteed. Alternatively new owner may wish to outsource the management and keep the profits of the business.

    Enquire today, to fully appreciate the unique aspects of this high yielding property/business.

    DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian 'For Sale By Owner' website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

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    Property Highlights

    Property ID2011222538
    Date Sold16 Dec 2015
    Floor Area620 m²
    Land Area1,137 m²
    ParkingOn site parking available
    Category
    Last updated  16 Nov 2021
    Map for 251-253 Koroit Street Warrnambool VIC 3280
    No Agent Property
    No Agent Property
    No Agent Property
    No Agent Property

    Property Highlights

    Property ID2011222538
    Date Sold16 Dec 2015
    Floor Area620 m²
    Land Area1,137 m²
    ParkingOn site parking available
    Category
    Last updated  16 Nov 2021
    Suite 1a, 608 Hawthorn Rd Brighton East VIC 3187
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    No Agent Property
    No Agent Property

    No Agent Property

    No Agent Property

    1300 *** ***
    1300 594 794

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