Victoria
PRESTIGE LOCATION AND ACCOMODATION IN THRIVING VICTORIA’S SECOND LARGEST CITY - 2876MF
UNDER CONTRACT
Business Description
- Just over an hours drive from Melbourne.
- Freehold Going Concern - no lease encumbrances.
- 23 contemporary rooms with a mix of deluxe, spa and family suites. Top level offering water views.
- Outstanding location on the western edge of Geelong opposite the waterfront, walking distance to the CBD, University, hospitals, and transport.
- Solid trading history with consistent occupancy and revenue growth.
- High-visibility site with excellent exposure.
- Well-maintained, purpose-built property.
- Secure off-street parking for guests.
- Long-term operational team in place - ideal for investor or owner-operator.
- Additional revenue with long term retail shop on floor level.
- Zoning allows redevelopment of up to 32 levels.
Property ID: 2876MF (quote when enquiring)
Property Code: 5270
Business Summary
Key Investment Insights
1. Freehold going concern with no lease encumbrances, offering full ownership control and asset stability.
2. Prime location on the western edge of Geelong opposite the waterfront, high visibility and excellent exposure.
3. Just over an hour’s drive from Melbourne, supporting both leisure and corporate catchment.
4. Walking distance to the CBD, university, hospitals and transport, enhancing demand drivers and guest convenience.
5. 23 contemporary rooms with a mix of deluxe, spa and family suites, top-level rooms offering water views.
6. Solid trading history with consistent occupancy and revenue growth, indicating established market performance.
7. Well-maintained, purpose-built property, reducing immediate capital expenditure risk.
8. Secure off-street parking for guests, a notable operational advantage in inner-city locations.
9. Long-term operational team in place, facilitating continuity and suitability for investor or owner-operator transition.
10. Additional revenue stream from a long-term retail shop tenancy on the ground floor.
11. Zoning permitting redevelopment up to 32 levels, presenting significant upside potential for value-add or repositioning.