Gippsland REGION
RARE AND EXCITING FREEHOLD GROUP ACCOMMODATION BUSINESS IN PRIME TOURIST DESTINATION.
SOLD
Business Description
Price Reduced To Sell ! 15 Acre Freehold Accommodation Property within 2 hours of Melbourne For Sale
Well maintained and impressive site at below replacement value offers from $3.9 million WIWO
Estimated cost to replace buildings and infrastructure at above $8 million excluding the cost of the land.
Due to owners' retirement, this freehold opportunity is now available for sale at a price substantially below replacement value.
The site is currently setup as a group accommodation business with 300 beds, and will be suitable to continue "as is" or for alternative use by:
• Community or corporate group as a retreat
• Shared retreat by several friends/family members
• Special purpose accommodation for interest groups
• Health retreat
Highlights:
• Within 2 hours drive from Melbourne
• 15 acres set within a small town setting
• Sealed roads with plenty of parking spaces
• Extensive buildings with multiple accommodation styles for up to 300 guests
• Fully equipped commercial kitchen
• Additional infrastructure for multiple outdoor and sports activities
• Self-contained manager's residence
• Well connected to town utilities including electricity, water, and sewage services
• Multiple income producing opportunities
With its strategic location and purpose-built infrastructure, the site offers great value and flexibility for those seeking a fully operational property that is close to Melbourne.
Information package is available for interested parties after the signing of a confidentiality agreement. Asking price: from $3.9 million
Contact Brett Bowden ----------
Business Summary
Key Investment Insights
1. Rare and exciting freehold group accommodation business for sale in a prime tourist destination.
2. Property is located within 2 hours of Melbourne and offers a well-maintained and impressive site at below replacement value.
3. Estimated cost to replace buildings and infrastructure is above $8 million, making this a valuable investment opportunity.
4. Owners' retirement has led to a reduced sale price, making this an attractive opportunity for buyers.
5. Property is currently set up as a group accommodation business with 300 beds, but can also be used for alternative purposes such as a retreat, shared retreat, or health retreat.
6. Strategic location and purpose-built infrastructure make this property a valuable asset for those seeking a fully operational property close to Melbourne.
7. Property is set on 15 acres within a small town setting and has sealed roads with plenty of parking spaces.
8. Extensive buildings with multiple accommodation styles can accommodate up to 300 guests.
9. Fully equipped commercial kitchen and additional infrastructure for outdoor and sports activities.
10. Self-contained manager's residence on the property.
11. Well connected to town utilities including electricity, water, and sewage services.
12. Multiple income producing opportunities available.
13. Information package available for interested parties after signing a confidentiality agreement.
14. Asking price is from $3.9 million, making this a highly valuable and affordable opportunity for potential buyers.
15. Contact details for further inquiries: Brett Bowden.
