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, described as well below replacement value.
2. Secure tenant in place under a 5-year lease commencing 16 March 2025, plus 4 x 5-year options, equating to 25 years of potential lease term remaining.
3. Large 4,071m2 Commercial 1 Zoned landholding, supporting future flexibility and redevelopment potential.
4. Multiple established revenue streams including public bar, bistro, beer garden with BBQ facilities, drive-thru bottle shop, accommodation, and a conference/function room.
5. Drive-thru bottle shop highlighted as a key convenience offering with excellent turnover potential.
6. Accommodation mix of 14 upgraded hotel rooms and 20 twin motel rooms, the latter fitted with new beds, USB headboards, microwaves, and fresh decor.
7. Fully refurbished asset presented in excellent condition, marketed as turn-key with no immediate capital expenditure required.
8. Onsite 2-bedroom manager’s residence, suitable for onsite management or additional rental income.
9. Prime main-street exposure in Colac, a regional Victoria commercial hub, enhancing visibility and customer access.
10. Investment underpinned by a strong local economy and consistent tourism trade, supporting occupancy and trading performance.
11. Combined hospitality, accommodation and retail elements provide diversified income and operational resilience.
