Lakes Entrance, Victoria
EXPRESSIONS OF INTEREST - 2889MF
EXPRESSION OF INTEREST
Business Description
PRIME MARINA WATERFRONT OFFERING IN LAKES ENTRANCE
INTEREST SOUGHT FROM OWNER OCCUPIERS - INVESTORS – TENANTS
OFFERING VACANT POSSESSION - READY TO WORK ON DAY ONE
A WELL PRESENTED, RECENTLY UPGRADED FREEHOLD OFFERED TOGETHER WITH CHATTELS, PLANT AND EQUIPMENT
A PRIME LAND PARCEL OF OVER 3,000 SQM
27 MOTEL ROOMS INCLUDING LUX FAMILY ROOMS AND SUITES
AN EXCEPTIONAL 2BR MANAGER'S RESIDENCE/ RECEPTION BOTH JUST BRILLIANTLY RENOVATED
PROPERTY INCLUDES IN GROUND POOL, BARBEQUE / GAZEBO AREA
A BLANK CANVAS OF OPEN SPACE FOR:
- MODERN STREET FRONTAGE CAFE / RESTAURANT
- OR DELUXE FIVE STAR APARTMENT LETTING;
- OR UP TO FIVE MORE ROOMS
YOUR SPACE - YOUR CALL.
EOI closes on Thursday 9th April at 4pm
Contact Reg Partington from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2814ML (quote when enquiring)
Property Code: 5412
Business Summary
Key Investment Insights
1. Prime marina waterfront location in Lakes Entrance, offering strong tourism and coastal appeal.
2. Freehold property with vacant possession, ready to operate on day one.
3. Sale includes chattels, plant and equipment, reducing immediate capital expenditure for a buyer.
4. Large land parcel of over 3,000 sq m, providing development and expansion flexibility.
5. Existing accommodation inventory of 27 motel rooms, including luxury family rooms and suites, supporting immediate revenue.
6. Recently upgraded, well presented asset, indicating lower near-term refurbishment requirements.
7. Brilliantly renovated 2 bedroom manager's residence and reception, enhancing onsite management capability and guest experience.
8. Onsite amenities include an in-ground pool and barbeque/gazebo area, adding guest appeal and ancillary revenue potential.
9. Vacant open space described as a blank canvas for a street frontage café or restaurant, deluxe five star apartment letting, or up to five additional rooms, offering multiple value-add or repositioning options.
10. Marketing strategy targeting owner occupiers, investors and tenants via Expressions of Interest, closing Thursday 9th April at 4pm, with enquiries directed to Tourism Brokers.
