Port Campbell, Victoria
A Coastal Investment Opportunity Not to be Missed - 2846MI
SOLD
Business Description
Investment Opportunity - A rare chance to invest in a prime commercial property along the iconic Great Ocean Road, minutes from major tourist attractions like the Twelve Apostles. Currently operating as a bustling motel, this investment property is perfect for hospitality, offering high tourist traffic and immediate revenue potential.
Key features include:
- Prime coastal location
- 18 studios and 3 bedroom residence
- Long term tenant in place responsible for all outgoings
- Established business with loyal clientele
- 7% ROI and reasonable lease years remaining
- Potential for redevelopment or expansion (STCA)
This property promises strong returns and long-term capital growth in one of Australia's top tourist destinations.
Annual Rent: $146,683 plus GST
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2846MI (quote when enquiring)
Property Code: 5065
Business Summary
Key Investment Insights
1. Prime location along the iconic Great Ocean Road, a top tourist destination in Australia.
2. Currently operating as a bustling motel with 18 studios and a 3 bedroom residence.
3. Long-term tenant in place responsible for all outgoings, providing stable and reliable income.
4. Established business with loyal clientele, ensuring consistent revenue.
5. Potential for redevelopment or expansion (subject to council approval), offering potential for increased revenue and capital growth.
6. 7% ROI and reasonable lease years remaining, providing a strong return on investment.
7. Annual rent of $146,683 plus GST, providing immediate revenue potential.
8. Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
9. Property ID: 2846MI (quote when enquiring).
10. Property Code: 5065.
