Colac, Victoria
RARE SECURE INVESTMENT OPPORTUNITY - 2875MI
REDUCED INVESTMENT $3,200,000
Business Description
Owners want sold with price slashed to $3.2m. Outstanding and rare opportunity.
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.
Contact Michael from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2875MI (quote when enquiring)
Property Code: 5210
Business Summary
Key Investment Insights
1. Price reduced to $3.2 million, advertised as well below replacement value, indicating immediate capital value upside.
2. Secure leased investment, five-year lease commencing 16 March 2025 with 4 x 5-year options, effectively 25 years of potential tenure remaining.
3. Multiple diversified revenue streams including public bar, bistro, beer garden with BBQ facilities, drive-thru bottle shop, accommodation, and conference/function hire.
4. Drive-thru bottle shop provides a high-convenience retail offering with strong turnover potential and complementary footfall to hospitality operations.
5. Accommodation capacity of 34 rooms in total, comprising 14 upgraded hotel rooms and 20 twin motel rooms, supporting steady accommodation revenue.
6. Motel room fit-outs include new beds, headboards with USB ports, microwaves and refreshed decor, reducing near-term refurbishment risk.
7. Conference/function room adds corporate and events revenue potential, enhancing weekday and off-peak income stability.
8. Onsite two-bedroom manager’s residence enables efficient onsite management or additional rental income.
9. Recently completed extensive refurbishment, presented as turnkey and in excellent condition, implying no immediate capital expenditure required.
10. Large 4,071m2 Commercial 1 zoned landholding on Colac’s main street, offering prime exposure and potential future development or expansion flexibility.
11. Located in a regional Victoria commercial hub with a strong local economy and consistent tourism trade, supporting demand for hospitality and accommodation.
12. Tenant-backed passive investment profile suitable for investors seeking secure income with diversified, resilient trading lines.
