Portland, Victoria

Admella Motel - 1P5267M

Leasehold $225,000 WIWO

Property Description

Perfectly positioned in the heart of this popular tourist coastal area, the Motel features a mixture of 10 queen and twin rooms, a large 3 bedroom residence with private outdoor area, seated picnic area and double lock up garage with storage.

With ongoing capital improvements and a consistent year on year turnover this is a great opportunity to take over a sought after lifestyle location in the Great Ocean Road Region.

Lease options until 2032 with fair market rent.

Property Summary

Other Features / Notes

A:LEASEHOLD, B:MOTEL, C:VIC - South West, C:VIC - West
Marketing Agent
Listing location
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