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This Motel leasehold for sale, offers 20 ground level units.

Business for Sale
Foster VIC

A fantastic 30 year lease will be offered to the qualified party. Many tourist arrive in Foster and know they have reached the gateway to Gippsland's spectacular natural attractions. Location Details

Price $440,000

This Motel leasehold for sale, offers 20 ground level units. Beautiful location.

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
A fantastic 30 year lease will be offered to the qualified party. Many tourist arrive in Foster and know they have reached the gateway to Gippsland's spectacular natural attractions.

Location Details

Situated in Gippsland, in the main township of Foster within a stones throw of Tidal river, Wilsons Promontory and Waratah Bay. Foster is located in a strategic position with many tourists coming into the town.

Lease

A new 30 year lease will be offered to the new, qualified purchaser.

About the Business

The best feature is the actual Town of Foster. A great place to live.

Originally a gold mining town settled in 1871, mining ceased in the 1930s and it has since acted as the major service centre for Wilsons Promontory.

Holiday makers and weekenders head to Shallow Inlet for windsurfing, or Corner Inlet for birdwatching and fishing, or a swim at the local beaches of Sandy Point and Waratah Bay.

Or visitors love Wilsons Promontory National Park as it is one of Victoria's most-loved places.

At the southernmost tip of mainland Australia, it offers spectacular scenery.

Offered is a Motel leasehold, with 120 seat restaurant and fully licensed situated in the main township of Foster, (Gippsland) within a stones throw of Tidal river, Wilsons Promontory and Waratah Bay, where the Fishing is fantastic and the bushwalks are numerous with breathtaking coastal views

This Motel offers 20 ground level units which have been totally renovated and refurbished and fully painted in and out.

There is also a residence which is to be renovated to the requirements of the new purchaser.

Patronised with corporate trade, work crews, holiday makers and overseas tourists.

Taking over $320.000 per annum and increasing weekly all due to the efficiency by the owners.

Being the landlord they wish to offer a 30 year lease for the right purchaser.

Ideal for husband and wife team.

Inspection by appointment only.

Bank Finance available.

Exclusive listing so no Pesty Agents please.

See more motels at ...motel-for-sale dot com

PRICE $440.000

For further details please quote BSV 0656, and call Michael on

0400 645 133 NOW !! or submit an Enquiry Now

Contact Seller

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View Broker Profile

Contact: Michael Keltie
Mobile: 0400645133

Bsale ID: 61888
Agent ID: 2245325




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