Lakes Entrance, Victoria

The best freehold motel on the market in Lakes Entrance.

SOLD

Business Description

Why do I believe this is a great motel ?
There are many, many reasons. First it is in magnificent condition, in a prime location.
12 rooms gives you time to enjoy life. and at over 60% occupancy it also gives you a NET of approx $223,000.
As an owner operator you will love the location on a beautiful coastal town, with a constant flow of tourists.
You will love the spacious family residence at the front of the motel, with lush gardens and tall palm trees.
And the great NET profit is with no restaurant and no conference rooms, which allows you the time and lifestyle as well.
Located on a main road, right on the waterfront with fresh sea breezes always coming through your home and business.
Reviews on booking sites are first class and renowned for being very clean.
The large luxury, spacious suites have either a King or Queen bed.
The motel is a short 5 minute walk to the town centre and an even shorter walk to the footbridge which takes you across to the beach.
This area of the beach is patrolled during main holiday periods.
The clientele love the convenient location and so will you, as a new owner- operator.
The guests can be assured of secure off street parking and comfortable, modern accommodation which includes deluxe spa suites, family suites, a family spa apartment or standard motel rooms.
All with free wireless internet and Austar (movie channels, Fox Sport and Footy)
Facilities include a fenced solar heated swimming pool surrounded by a tropical garden, with a shallow end for children,
There is an under-cover barbecue area where many a pleasant hour has been spent and lasting friendships formed.
This is a solid financial investment and a place you will love to call home.
Please call to discuss and an inspection will be welcome.
Quote MSA 5043 - and call Michael on ---------- NOW !!! or submit an enquiry.

Business Summary

Marketing Agent
Michael Keltie
Michael Keltie

Business Brokers Network Australia

Business Brokers Network Australia

Key Investment Insights

1. Prime location in a beautiful coastal town with a constant flow of tourists.
2. Magnificent condition of the property.
3. Large family residence with lush gardens and tall palm trees.
4. High occupancy rate of over 60%.
5. Strong NET profit of approximately $223,000.
6. No restaurant or conference rooms, allowing for a more relaxed lifestyle.
7. Positive reviews on booking sites, known for being very clean.
8. Spacious and luxurious suites with King or Queen beds.
9. Short walking distance to town centre and beach.
10. Patrolled beach during main holiday periods.
11. Secure off-street parking and modern accommodations.
12. Free wireless internet and Austar movie channels.
13. Fenced solar heated swimming pool and under-cover barbecue area.
14. Solid financial investment.
15. Opportunity to call it home and enjoy the lifestyle.
16. Opportunity for lasting friendships with guests.
17. Inspection welcome.
18. Quote MSA 5043 and contact Michael for more information.
Listing location

This Business is sold

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