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

Marketing Agent
Andrew Cronin
Andrew Cronin

Key Investment Insights

AI generated. Confirm details with the seller.

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.
Listing location

This Business is sold

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Motels For Sale

You may also like

Business Only MR Opportunity - No Facilities - Low Maintenance Operation  | Resort Brokers ID : MRB009309
THE LEGENDARY LION’S DEN HOTEL (FREEHOLD) - 152HF
Secure Coastal Management Rights with Proven Income Potential
Cadell on the Murray -  Riverfront Motel Resort – Refurbished &  Secure Long Lease
Freehold Great Ocean Road Motel with Development Upside | Resort Brokers ID : FH009321
Low Maintenance Freehold Going Concern Motel | Resort Brokers ID : FH009340
MULTI-AWARD WINNING UNDERGROUND MOTEL IN COOBER PEDY | Resort Brokers ID : FH009333
Christmas Deadline – Vendor Says Sell – Kings Beach Business Only! | Resort Brokers ID : MRB009344
Lifestyle and Income Without the Live Onsite Requirement
Secure Motel Freehold Investment – Country Plaza Halls Gap | Resort Brokers ID : INV009332
The Hydro Majestic
Long Agreements. No Set Office Hours. Prime Benowa Location
Albury City Motel – high-performing leasehold with 27-year tenure
ABSOLUTE BEACHFRONT - GENUINE LIFESTYLE FLEXIBILITY, LIVE ONSITE OR OFFSITE | Resort Brokers ID : MR009331
COUNTRY CHARACTER. PROVEN BUSINESS. POTENTIAL PLUS - 155HF
Permanent Management Rights with Dual Income Streams
RARE FREEHOLD HOSPITALITY OPPORTUNITY IN ORANGE’S GROWING EASTERN CORRIDOR - 153HF
Riverfront Prestige. Blue-Chip Income. Brisbane's Best Lifestyle.