5 Otway Court, Portland, Victoria
Under Offer - 1P5267M
Leasehold $245,000 WIWO
Admella Motel is perfectly positioned in the heart of the popular tourist coastal area, Portland, n the Great Ocean Road, which is regarded as the whale watching capital of Victoria.
The Motel features a mixture of 10 queen and twin room, 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, this will not last so enquire today.
Lease options until 2032 with fair market rent.
Other Features / Notes
A:LEASEHOLD, B:MOTEL, C:VIC - South West, C:VIC - West