Lakes Entrance, Victoria

A WATERFRONT MONEY MAKING TEN DELIGHTFUL ROOMS - 1846ML

LEASEHOLD $699,000

Business Description

Yes - just ten easy to run, well maintained rooms each contributing over $40,000 in annual sales.

Consistently strong holiday and "short stay" bookings, year on year.

Overlooking the water and just a five minute easy walk to main beach and commercial centre.

This is a brand new lease of 30 years. It’s being split off from the freehold that has been operating as a going concern. It is a seriously easy to run operation!

Cunningham Shore has been a secure haven for our vendors who have been raising their family on site over the past 10 years.

New solar panels installed, new carpets and new hot water service.

It includes a family home with all the expected comforts including three bedrooms (main with ensuite) family bathroom and large shower.

All the hard work has been done! IT’S YOUR TURN.

And a small whisper for today or tomorrow – the freehold ownership may be considered.

Contact Annette Adams and Reg Partington from Tourism Brokers for further information or to arrange an inspection.

Property ID: 1846ML (quote when enquiring)

Property Code: 4704

Business Summary

Marketing Agent
Annette Adams
Annette Adams

Reg Partington
Reg Partington

Key Investment Insights

1. Ten well-maintained rooms each contributing over $40,000 in annual sales.
2. Consistent strong holiday and "short stay" bookings year on year.
3. Waterfront location with easy access to main beach and commercial center.
4. Brand new 30-year lease, split off from the freehold.
5. Easy to run operation.
6. Secure haven for vendors who have raised their family on site for 10 years.
7. Recent upgrades including new solar panels, carpets, and hot water service.
8. Includes a family home with three bedrooms and two bathrooms.
9. All the hard work has been done.
10. Possibility of purchasing the freehold ownership.
Listing location

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