124 Princes Highway, Port Fairy, Victoria
A1 Motel - Fully Renovated Motel
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. Prime location in one of Victoria's premier tourist destinations along the Great Ocean Road.
2. Fully renovated and spacious accommodation options, including apartments, cabins, and family rooms.
3. Two newly constructed 4-star, 2-bedroom apartments.
4. Modern amenities in all rooms, including air conditioning, HD TVs, and DVD players.
5. Newly completed, brand-new 2-bedroom manager's residence with a reception area.
6. Set on 3198 sqm of GRZ1 land.
7. Continuous upgrades made by the current owner.
8. Fully turnkey operation, requiring no additional investment.
9. Conveniently located just a short stroll from Port Fairy's town centre and beaches.
10. Perfect for couples and families.
11. Potential for growth and expansion in a popular tourist destination.
12. Freehold going concern, providing the opportunity for long-term investment.
13. Well-maintained and modern property, appealing to a wide range of guests.
14. Strong potential for high occupancy rates and profitability.
15. Opportunity for owner-operators to live on-site in the newly completed manager's residence.
