Lakes Entrance, Victoria
MARINA AT LAKES LOOKING FOR EXPRESSIONS OF INTEREST $4.6M TO $5.1M - 2889MF
EXPRESSIONS 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 3,000m2
- 27 MOTEL ROOMS INCLUDING LUXURY FAMILY ROOMS AND SUITES
- AN EXCEPTIONAL 2 BEDROOM MANAGER'S RESIDENCE / RECEPTION - BOTH JUST BRILLIANTLY RENOVATED
- PROPERTY INCLUDES INGROUND 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.
LOOKING FOR EXPRESSIONS OF INTEREST $4.6M TO $5.1M
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. Price range is by expressions of interest, indicated at $4.6 million to $5.1 million.
2. Freehold sale includes chattels, plant and equipment, recently upgraded presentation.
3. Vacant possession offered, enabling operation from day one.
4. Prime marina waterfront location in Lakes Entrance, appealing for tourism and marine clientele.
5. Large land parcel of over 3,000 square metres, providing development and expansion flexibility.
6. Existing accommodation comprises 27 motel rooms, including luxury family rooms and suites.
7. Exceptionally renovated two bedroom manager's residence with integrated reception.
8. Onsite amenities include an inground pool and barbecue/gazebo entertaining area.
9. Clear redevelopment options presented, including street frontage cafe or restaurant, conversion to deluxe five star apartment letting, or adding up to five additional rooms.
10. Sale advertised to owner occupiers, investors and tenants, with enquiries directed to Reg Partington at Tourism Brokers, Property ID 2814ML.
11. Business value shown as $0, suggesting the listing is primarily for the property and assets rather than an ongoing trading business.
