Beautiful coastal town to live, and own a great Motel. Freehold and Business.

To make a living and love where you live, is as good as it gets.
This is a magnificent Motel, with prime exposure on the Main Road coming into Lakes Entrance.
As it sits on top of a hill, it provides beautiful panoramic views over the Gippsland Lakes and the Bass Straight / Ocean.
The land size is 7,400m2, with a large parcel still vacant and available for future development. ( see pictures )
On offer is a 40 room - Freehold Going Concern zoned as General Residential Schedule   1 - GRZ1
Possible 2nd Floor expansion and/or residential development opportunities.  ( STCA ).
The investment in the land alone could be an amazing long term investment.
Large -State of the Art commercial kitchen and 110 seat restaurant that is not in use currently, but ready to go now.
Massive opportunity for a new Vendor to offer Breakfast, which would substantially increase bookings and NET profit $$$
Many variations of room layouts to cater for all types of guests that require their own configurations and/or special room sizes.
All motel rooms have great facilities, and a fairly new commercial laundry is set up for big volume of clientele.
Huge amount of parking for guest's.
The Occupancy Rate has been steadily climbing for the last 3 years, and should be well over 50% in 23-24.
The whole property has recently undergone internal and external renovations.
Currently a very profitable Motel business with vast opportunities for further growth in this very popular tourism, coastal town.
The Vendor has asked for pre-planned inspections and would prefer no walk-ins.  
Please call Michael for an inspection on xxxxx, or submit a enquiry online.