Orbost, Victoria

2507ML - Country Roads, Take Me Home

Leasehold $340,000

Property Description

Here is a fantastic opportunity for the aspiring owner operator to step into a 14 unit accommodation property and take it to a whole new level. Currently presented as a well-established motel offering a bed and breakfast option to its guests under the Golden Chain Classic branding, with units designed to accommodate travellers of all walks from corporate right through to holidaying families.

Key Business Features:

- Ideal entry level business.

- Balance of 20 years lease at settlement.

- 14 units.

- Established loyal repeat clientele.

- Some online presence with room for further growth.

- Large gas contracts very recently announced (Cooper Energy).

- Only property in town with swimming pool.

- Located on the main road into/out of town.

- Popular overnight stopping place for east coast travellers.

- Opportunity for new operator to grow and enhance this business.

All enquiries welcome, inspections of business by prior arrangement please.

Net profit $182,151 for 2019/20

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

Property ID: 2507ML (quote when enquiring)

Location: Explore the heart of Snowy River country from Orbost, a small East Gippsland town. It is an important service centre for what has developed into a major cattle and agricultural district and is also surrounded by coastal rainforests and hinterlands.

Orbostâ s commercial centre is along Nicholson Street and includes two supermarkets, a selection of shops and a few hotels. At the northern end of the commercial centre, at the Salisbury Street roundabout, is a memorial clocktower. As Nicholson Street heads northwards, it breaks out into a wide boulevard with lawns and trees along its central strip.

East Gippsland is the major geographic and economic region in eastern Victoria. It covers more than 21,000 square kilometres and stretches from Bairnsdale to Mallacoota on the VIC/NSW border.

With its affordable property prices, reliable and stable workforce, excellent infrastructure and clean, healthy and safe environment, East Gippsland has a growing population of 42,000 people, who enjoy its stunning natural environment, mild climate and easy lifestyle.

Property Code: 2513

Property Summary

Motel Information

Marketing Agent
Reg Partington
Reg Partington

Annette Adams
Annette Adams

Listing location
Gallery

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