124 Princes Highway, Port Fairy, Victoria
A1 Motel - 1P6181
FHGC $3,650,000
Business Description
CRE Brokers are pleased to present the Freehold Going Concern of the A1 Motel & Apartments. Situated in one of Victoria's premier tourist destinations along the renowned Great Ocean Road, this property represents an outstanding investment opportunity. Perfectly suited for couples and families, the A1 Motel & Apartments is conveniently located just a short stroll from Port Fairy's lively town centre and stunning beaches.
The property features 11 fully renovated and spacious accommodation options, including apartments, cabins, and family rooms. Among these are two newly constructed 4-star, 2-bedroom apartments. All rooms are equipped with modern amenities, including air conditioning, HD TVs, and DVD players, ensuring guest comfort, set on 3198 sqm of GRZ1 land.
The sale also includes a newly completed, brand-new 2-bedroom manager's residence with a reception area.
With continuous upgrades made by the current owner, this is a fully turnkey operation, requiring no additional investment.
Business Summary
Other Features / Notes
A:FREEHOLD GOING CONCERN, B:MOTEL, C:VIC - WestKey Investment Insights
1. Located in a premier tourist destination along the Great Ocean Road in Victoria.
2. Short stroll from Port Fairy's lively town centre and stunning beaches.
3. 11 fully renovated and spacious accommodation options, including apartments, cabins, and family rooms.
4. Two newly constructed 4-star, 2-bedroom apartments.
5. All rooms equipped with modern amenities for guest comfort.
6. Set on 3198 sqm of GRZ1 land.
7. Newly completed, brand-new 2-bedroom manager's residence with a reception area.
8. Continuous upgrades made by the current owner.
9. Fully turnkey operation, requiring no additional investment.
10. Freehold going concern sale.
11. Located in a popular tourist area, ensuring a steady stream of potential guests.
12. Potential for further growth and development.
13. Ideal for couples or families looking for a lifestyle change.
14. Strong financial performance and potential for high returns.
15. Opportunity to live and work in a beautiful coastal location.
