3300 Princes Highway Kalimna VIC 3909

'Absolute Motel Lakes Entrance' can be found overlooking the famed Gippsland Lakes in Kalimna (Lakes Entrance) Victoria.
This oustanding Motel is a single level structure that offers a reception, manager's 2 bedroom apartment, a restaurant, guest swimming pool, BBQ, laundry, on site car parking and Forty (40) accommodation units of varying configurations and bedding options, including studio spa rooms and 1 & 2 bedroom units.
Developed on prominent site of about 7,432m2 having a large exposed frontage to Princes Highway. The land is zoned for General Residential Schedule 1 purposes and offers significant future development potential.
The property is located next to a hotel and adjacent to the Lakes Entrance visitor's lookout which provides panoramic coast and lake views. The motel property is leased and the current passing rent is $176,882.51 P.A. + GST and usual outgoings.