UNDER OFFER - Bamboo Motor Inn - Lakes Entrance, VIC

Lakes Entrance VIC · Accommodation · Motel

Accommodation Motel Commercial Property Leasehold

Asking price $3,200,000

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Not checked by Business For Sale

01 · THE OVERVIEW

About this business

In the broker's words

Full description, as written by the broker

VICTORIA’S PREMIER COASTAL TOURISM DESTINATION - ABSOLUTE WATERFRONT FREEHOLD GOING CONCERN MOTEL OPPORTUNITY

Positioned directly on the iconic Esplanade overlooking the stunning Cunningham Arm waterfront, Bamboo Motor Inn presents an exceptional opportunity to secure a fully renovated, high-performing coastal accommodation business together with valuable freehold real estate in one of Victoria’s most tightly held tourism markets. This is more than just a motel acquisition - it is a premium lifestyle and investment opportunity offering strong trading performance, established reputation, and outstanding long-term capital growth.

BUSINESS HIGHLIGHTS:

Absolute marina-front position
Landmark location in the heart of Lakes Entrance
Approx. 1,500 sqm landholding (more or less)
Approximately 4 hours’ drive from Melbourne
Strong year-round tourism demand
Fully renovated accommodation
Strong repeat clientele and online presence
Easy-to-operate motel business
Excellent long-term growth potential

PROPERTY HIGHLIGHTS:

18 beautifully appointed guest rooms
Spacious 2-bedroom owner’s residence
Ensuite accommodation throughout
Ample onsite parking
Complimentary Wi-Fi
BBQ and recreation area - Air-conditioning in all rooms
Flat-screen TVs, Mini-fridges, Tea & Coffee facilities
Average Occupancy: 74.7% - Average Room Rate: $137
Quarterly Revenue: $159,196 - Projected Annual Revenue: Approx. $630,000 p.a.

Ideally positioned opposite the marina and waterfront promenade, Bamboo Motor Inn is within walking distance to cruise boat terminals, cafes and restaurants, retail shopping precinct, tourist attractions & foreshore activities.

An attractive option exists for investors seeking passive income and long-term asset growth. Potential to retain ownership of the freehold, lease the motor business to an operator, & generate attractive rental returns. Based on current trading performance, the property may achieve an estimated rental yield of approximately in range of 6% to 6.5% p.a. approximately.

Contact: Kamal Sharma, Mel Business Brokers

PRICE: $ 3,200,000

02 · KEY FACTS