Lakes Entrance, Victoria
Where Size And Location Matter - 2695ML
SOLD
Business Description
- Awesome location between the lake and the beach.
- Tourist town mecca with the famous 90 Mile Beach at your doorstop.
- 32 beautifully appointed motel rooms, with a variety of two-bedroom Apartments, Townhouses and Spa rooms.
- Close to shops and restaurants - seafood of course.
- 2 swimming pools for those that don’t like the sand.
- Great repeat corporate customers and holiday makers.
- Healthy returns, with reasonable rent and years on the lease.
- Leasehold Motel.
Net Profit: $445,811 for 2023/24
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2695ML (quote when enquiring)
Property Code: 5018
Business Summary
Key Investment Insights
1. Prime location between the lake and the beach, making it an ideal tourist destination.
2. Situated in a popular tourist town with the famous 90 Mile Beach nearby.
3. Offers a variety of beautifully appointed motel rooms, including two-bedroom apartments, townhouses, and spa rooms.
4. Close proximity to shops and restaurants, particularly seafood options.
5. Features two swimming pools for guests who prefer not to go to the beach.
6. Strong base of repeat corporate customers and holiday makers.
7. Attractive returns with reasonable rent and a long lease.
8. Leasehold motel, providing a stable and secure investment opportunity.
9. Projected net profit of $445,811 for 2023/24, indicating a profitable business.
10. Contact Andrew Cronin from Tourism Brokers for further information or to schedule an inspection.
11. Property ID: 2695ML (quote when enquiring).
12. Property Code: 5018.
