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Unique Motel & Restaurant Development

Business for Sale
Central Gippsland VIC

Unique Motel & Restaurant development opportunity Central Gippsland Vic. Freehold & business asking price reduced to $1.8 million

Price $1.8 million inc Freehold

Unique Motel & Restaurant development

Stock Included: No
Stock Value:
Years Est: 1985
Gross Revenue:

Business:

Family established and operated motel 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 2023 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.

 

Contact Seller

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View Broker Profile

Contact: Noel Currie
Phone: 13 0072 2556
Mobile: 0418 741 814
Bsale ID: 36036




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