Location:
Regional Victoria > Victoria
Investment level:
$1,650,000
Type:
Business
Industry:
Accommodation, Tourism & Leisure > Accommodation & Tourism > Motel
21 Self-contained Units close to the beach and within walking distance to the Town Centre and restaurantsStar Standard: 4 StarConstruction: Two storey brick construction with colour bond...
21 Self-contained Units close to the beach and within walking distance to the Town Centre and restaurants
Star Standard: 4 Star
Construction: Two storey brick construction with colour bond roof
Interior: Beautifully appointed rooms with timber flooring and balconies
Age of Building: Built 2015
Land Area: 1,496m2
Tariffs: Average Daily Rate 2022/23 $193.16
Turnover: 2022/23 $1,150,000 / 2022/21 $750,000 (with 3 months of lockdown)
Lease Term: New 25-year lease
Rent: $278,000
Occupancy: 77.34%
Laundry: Domestic
Services: Self-contained units with air condition, parking, wi-fi and gardens
Clientele: Corporate, Trades, Holiday makers, Victorians, International travellers
Residence: 4 bedrooms, 2.5 bathrooms, lounge/dining, study, own kitchen and carport
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