Perfectly Positioned Motel in Strong Regional Town - 1P5431M
Leasehold $440,000
Property Description
Perfectly positioned in the regional city of Hamilton in Western Victoria near the end of the spectacular Grampians, this immaculate 14 room motel which has been continually upgraded over recent years.
The motel has a very strong corporate following, plus appeals to the tourist market with its excellent position and modern facilities.
All 14 rooms are on the ground level with ample off street parking available.
Centrally located and only a short stroll to the city centre, restaurant precinct, shops, cafes and pubs, make this the ideal place to take in all the beauty the region has to offer.
The bonus for this property is a lovely standalone 3 bedroom residence with reception area attached.
The Hamilton Lakeside Motel has a strong consistent turnover and long lease with options to 2050 making this an inspection not to be missed.