Portland, Victoria

COASTAL INVESTMENT NOT TO BE MISSED - 2581MI

INVESTMENT $1,700,000

Business Description

INVESTMENT MOTEL

- A fantastic opportunity to invest in a popular coastal town so close to the beach.

- Currently Leased out to new tenants, with 14 years remaining.

- A large size block of land with side access of 4,054 m2.

- Zoned General Residential - Schedule 1.

- A 16 room motel with two bedroom residence, commercial kitchen and large dining/conference area.

- Rental of $90,000 per annum plus GST.

Solid investments like these are rare, so contact Michael Philpott at Tourism Brokers for more information or to organise an inspection.

Property ID: 2581MI (quote when enquiring)

Property Code: 4842

Business Summary

Marketing Agent
Michael Philpott
Michael Philpott

Key Investment Insights

AI generated. Confirm details with the seller.

1. Long-term leased asset with 14 years remaining, providing stable, predictable income.
2. Annual rental income of $90,000 plus GST, offering immediate cashflow.
3. Located in a popular coastal town close to the beach, supporting tourism demand and occupancy potential.
4. Large landholding of 4,054 m2 with side access, enabling expansion, additional parking or redevelopment options.
5. Zoned General Residential Schedule 1, which may constrain or define permitted future uses and development pathways.
6. 16-room motel configuration, supplying a scale suited to small-group bookings and recurring leisure travellers.
7. On-site two-bedroom residence, useful for on-site manager accommodation or owner occupation flexibility.
8. Commercial kitchen and large dining/conference area, facilitating food service, events and conference revenue streams.
9. Currently leased to new tenants, indicating operational continuity and reduced immediate management responsibility.
10. Investment positioned as a rare coastal offering, implying limited comparable availability in the local market.
Listing location

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