LORNE VIC 3232
Reduced $4,300,000 Freehold
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- 12 Oct 2016
2458MF - AN EXCELLENT GOING CONCERN WITH LAND LEFT OVER!
- Lorne. One of the best short break meccas in Victoria - only two hours from Melbourne.
- 19 well presented and spacious rooms, all with lavishly presented bathrooms - some with spas.
- PLUS enough land left over to subdivide a high priced parcel, ready to be snapped up for a seaside dream home.
- OR Forget the current use as a motel. This could be the site for a multi-apartment development commanding excellent returns. (STCA).
- Not a bad trifecta!
Net profit $391,155 for 2015/16
Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2458MF (quote when enquiring)
Location: The Surf Coast includes the main towns of Torquay, Anglesea, Aireys Inlet and Lorne. Lorne is the final stop along the Surf Coast and one of the more well-known and well-established coastal settlements within the Great Ocean Road region. Set between the sparkling waters of Loutit Bay and the majesty of the Otway National Park, Lorne is a spectacular and refreshing place, where the bush meets the beach.
An ideal spot to stop and enjoy on the journey, offering a great range of places to eat and drink, quality accommodation, unique specialty retail and attractions and all the magnificence that is the Otway National Park stretching beyond. With more than 10 waterfalls within 10 kilometres of Lorne, there are plenty of amazing natural wonders to explore, you can discover.
During the whale watching season (from May to September), Lorne is prime spot to capture a glimpse of these amazing sea creatures showing off.
Lorne is home to the long celebrated Falls Music Festival and Lorne Festival of The Performing Arts. Pop into Qdos Arts to check out changing exhibits and outdoor sculpture park, or visit in March for the Lorne Sculpture Biennale, when up to 40 works are exhibited along the foreshore.
Property Code: 2077
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information