Australian Business Sales Corp Pty Ltd Phone : 1300 72 ****
Noel Currie
04187 ****

Unique Motel & Restaurant development opportunity Central Gippsland Vic.

Listing Id : 197159

Location : Victoria

Category : Hotel Motel B and B, Service

Asking Price : 1,800,000

Business description

Business: Motel/restuarant since 1985. Perfectly situated in tourist mecca of Central Gippsland, Victoria, motel is set amidst 2.5 acres of picturesque gardens with a swimming pool and charming BBQ area. Motel offers 3 star rated accommodation in 30 comfortable, well-appointed rooms.  Onsite commercial laundry Three street frontage Separate large 4b/r residence for the owners. Motel restaurant commands respect, taking clients on a culinary journey, indulging in the best cuisine with the flavours of Gippsland.  50 seat restaurant with a fully equipped commercial kitchen and cool room. Astute vendor has undertaken recent extensive renovations and refurbishments and now believes it’s time to retire and offer an opportunity with unlimited potential. With a high internet presence, the majority of bookings are done online This listing is a rare opportunity indeed. Reason for sale retirement and ill health Development: Development opportunity exists (with council approval) to subdivide or combine these lots on this three street frontage blocks consisting of 9,282 m2, plus 836 m2 with Manager’s residence and a further 2**** **** m2 block. Full infrastructure with water and sewerage onsite. Zoned residential number 1 and light commercial Freehold & business asking price reduced to $1.8 million.

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