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High Yielding motel on the Great Ocean Road
Great Ocean Road - Victoria
Top little motel on the Great Ocean Road. Netting approx $180k and set amongst some of the most spectacular scenery in Victoria.
- Easy to run, yet highly profitable 10 guest room motel
- 3 Bedroom owner's residence
- 64% Occupancy over the last 2 years
- Potential for additional motel units and facilities (DA with council at the moment)
- Solar heated pool
- Guest Laundry
- Double, twin and family suite configurations
- Situated 300 metres from the start of The Great Ocean Walk and the Marengo Marine Sanctuary
- 2kms from the Apollo Bay township and Otway National Park
Contact AgentThe Facts
$1,300,000
Freehold - Vacant Possession
Freehold - Vacant Possession
REF
V292
Operating Status
Operating
Tourism Region
Great Ocean Road, Victoria
Guest Bedrooms
10
Guest Bathrooms
10
Owner Bedrooms
3
Owner Bathrooms
2
AAA Rating
3.5 Star
Financials
Netting $180k on Turnover of $300k (2009)
Land Size (approx)
2,000 sqm
(0.49 acres , 0.20 ha)
(0.49 acres , 0.20 ha)
Inspection: By appointment only
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