Lakes Entrance, Victoria

MARINA AT LAKES LOOKING FOR EXPRESSIONS OF INTEREST - 2889MF

EXPRESSIONS OF INTEREST $4.5m to $4.95m

Business Description

FREEHOLD MOTEL / DEVELOPMENT SITE

- 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 $4.5M TO $4.95M

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

Property ID: 2889MF (quote when enquiring)

Property Code: 5412

Business Summary

Marketing Agent

Reg Partington

0407 41....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Freehold motel and development site on prime marina waterfront in Lakes Entrance, occupying more than 3,000 square metres.
2. Vacant possession and readiness to operate from day one appeal to owner occupiers, investors and tenants.
3. Recently upgraded property includes chattels, plant and equipment.
4. Accommodation comprises 27 motel rooms, including luxury family rooms and suites.
5. Brilliantly renovated two bedroom manager’s residence and reception support onsite management.
6. Guest facilities include an inground pool and barbeque and gazebo area.
7. Open space offers potential for a street frontage cafe or restaurant, deluxe apartment letting, or up to five additional rooms.
8. Expressions of interest sought between $4.5 million and $4.95 million.