Geelong, Victoria
PRESTIGE LOCATION AND ACCOMODATION IN THRIVING VICTORIA’S SECOND LARGEST CITY - 2876MF
FREEHOLD $8,300,000
Business Description
- Just over an hours drive from Melbourne.
- Freehold Going Concern - no lease encumbrances.
- 23 contemporary rooms with a mix of deluxe, spa and family suites.
- Outstanding location - opposite the waterfront, walking distance to the CBD, University, hospitals, and transport.
- Solid trading history with consistent occupancy and revenue growth.
- High-visibility site with excellent exposure.
- Well-maintained, purpose-built property.
- Secure off-street parking for guests.
- Long-term operational team in place - ideal for investor or owner-operator.
- Additional revenue with long term retail shop on floor level.
Net Operating Profit: Available on request
Asking price: $8.3m – as supported by recent valuation
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2876MF (quote when enquiring)
Property Code: 5270
Business Summary
Key Investment Insights
1. Freehold Going Concern with no lease encumbrances.
2. 23 contemporary rooms with a mix of deluxe, spa and family suites.
3. Outstanding location - opposite the waterfront, walking distance to the CBD, University, hospitals, and transport.
4. Solid trading history with consistent occupancy and revenue growth.
5. High-visibility site with excellent exposure.
6. Well-maintained, purpose-built property.
7. Secure off-street parking for guests.
8. Long-term operational team in place - ideal for investor or owner-operator.
9. Additional revenue with long term retail shop on floor level.
10. Net Operating Profit available on request.
11. Asking price of $8.3m supported by recent valuation.
12. Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
13. Property ID: 2876MF (quote when enquiring).
14. Property Code: 5270.
