2051 Princes Highway, Nowa Nowa, Victoria

Freehold with Vacant Possession $460,000

Property Description

Nowa Nowa Hotel Motel - 1P4851

Located on Princes Highway between Lakes Entrance and Orbost Nowa Nowa Hotel Motel enjoys a great trade from locals and tourists.

This character filled country hotel boasts a large public bar, front deck, function room, private residence and a motel consisting of 10 rooms.

The current owners have leased the bar and bistro to a third party - and as the lease is due to expire, they are taking the opportunity to sell the whole package. The vendor is operating the motel whilst being refurbished.
The Nowa Nowa Hotel Motel is being sold with vacant possession, however the option remains to negotiate with the current tenant to commence a new lease agreement.
Offering a comfortable 2 bedroom, 2 bathroom residence with a private and much loved garden, this hotel motel is priced to sell.

Multiple income streams and possibility aplenty – the Nowa Nowa Hotel Motel offers a lifestyle change, or an opportunity to sell the leasehold business while retaining the investment and subsequent income.

Property Summary

Motel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Hotel Information

Restaurant Facilities: -Liquor Licence: -Restaurant: -Lease: -

Other Features / Notes

A:FREEHOLD GOING CONCERN, B:HOTEL/BAR, B:MOTEL, C:VIC - Gippsland

Marketing Agent


Marketing Agency

CRE Brokers

Phil Mammolito
CRE Brokers

Phone

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Map Location ( get directions )

2051 Princes Highway, Nowa Nowa, Victoria 3887

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