2173 Glenelg Highway, Lake Bolac, Victoria

FREEHOLD - Lake Bolac Motel - 1P0565

Freehold Going Concern - $695,000

Business Description

MHB is delighted to present the Freehold Going Concern Business sale of the Lake Bolac Motel.

A well-presented 8-room regional motel located directly on the Glenelg Highway. Strategically located on the main road 1 hour from Ballarat, it captures east west traffic connecting Ballarat and Hamilton and North South Traffic connecting the Grampians, Ararat, Stawell and Horsham to the Surf Coast, Warrnambool and the wider Otway region.

Key Features:

* Freehold property + operating business included.

* 8 ground-floor units: Queen, Twin and Family room configurations.

* Reverse-cycle air-conditioning, Smart TVs and bar fridges in each room.

* Asset replacement cycle keeps each year has keep this business with modern amenities.

* Ensuite bathrooms.

* Easy-run, low-overhead motel.

* Strong highway traffic exposure.

* Located just 1km from the Lake Bolac foreshore.

* 13KW Solar and Battery System.

* Electrics ready for boiler replacement if that was desired.

* Roof replaced on current owner's purchase.

* Scope to increase occupancy.

* Located upon approx. 3070m2 of (TZ) Township Zoned land

Plenty of scope exists for a shrewd operator to increase occupancy and therefore turnover.

Consider running remotely as an addition to your accommodation, or as a wonderful lifestyle business as an owner operator.

An excellent Owners accommodation exists with a wonderful private garden.

For more information or to make an enquiry, contact Evan Stewart direct on ---------- or contact the MHB Office on ---------- .

Business Summary

Other Features / Notes

EXCLUSIVE, FREEHOLD GOING CONCERN, Motel, VIC - West

Marketing Agent

Evan Stewart

McDonald Hospitality Brokers (MHB)

Key Investment Insights

AI generated. Confirm details with the seller.

1. Freehold property and operating motel business are included in the sale.
2. Eight well presented ground floor units offer Queen, Twin and Family accommodation configurations.
3. Each room includes reverse cycle air conditioning, Smart TV, bar fridge and ensuite bathroom.
4. Direct Glenelg Highway frontage captures east west and north south regional traffic flows.
5. Located approximately one kilometre from the Lake Bolac foreshore.
6. A 13KW solar and battery system supports the motel’s infrastructure.
7. Roof replacement and ongoing asset replacement support modern presentation and amenities.
8. The easy run, low overhead operation may suit an owner operator or remote management model.
9. Owner accommodation includes a private garden, supporting a lifestyle business opportunity.
10. Approximately 3,070m² of Township Zoned land provides scope for future development or operational enhancements.
11. The listing identifies scope to increase occupancy and turnover.
12. Electrical infrastructure is ready for boiler replacement if desired.