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Motel And Freehold Opportunity In The Phillip Island Region - Ref: 14363 For Sale

Phillip Island, Victoria, Australia
Asking Price:
$2,350,000 (AUD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Turnover: $285,000 per annum approx.

  • Located in the Phillip Island region, a wellestablished tourist destination
  • Positioned within close proximity to key local amenities, including supermarkets, restaurants, the post office, and major tourist attractions
  • Wellpresented and recently renovated premises comprising 13 guest rooms, including Double, Family, Twin, and Spa configurations, along with a manager's suite located at the front of the property
  • Landholding of approximately 2,681 sqm, allowing for potential redevelopment or expansion, including additional rooms or alternative development, subject to council approval
  • Onsite car parking available at the front of the property for guest convenience
  • Located within an area experiencing residential growth, with surrounding new housing developments
  • Business currently operates fully under management and may also suit buyers seeking a more handson operating role
  • Business and freehold are offered for sale together

Enquire today to learn more about this combined business and freehold opportunity!

Asking: $550,000 (Business) $1,800,000 (Freehold)
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