BLUE CHIP Location in the Heart of Geelong CBD & Freehold - $6.9M (16065)
Amazing opportunity to acquire this beautiful motel and freehold in the heart of Geelong. You couldn’t ask for a better location, just a short 5-minute stroll from Geelong’s Waterfront, Westfield Shopping centre, Geelong Hospital and the best of what Geelong has to offer. Positioned over 1,200sqm on a rare rectangle lot without a heritage layout, an opportunity like this does not come around every day.
Featuring 20 stunning rooms, as well as a 4 bedroom manager house all recently renovated within the last 3 years. This family-owned business for the last 35 years is on the market for the first time and is the perfect opportunity for a business savvy developer.
Key features of this superb business:
*Turnover $750,000 P/A
*Amazing opportunity for a developer
*Fantastic online reviews
*5 Minute walk to the beach, PRIME location
*Rare opportunity for land of this size
This business also features a restaurant with commercial kitchen facilities that is currently vacant, but has the rental potential to bring in an additional $25,000 - $30,000 per annum.
Owner selling as wanting to retire.
For more information contact Jeremy Gao from LINK, formerly Klemms on the below:
Phone: 0452 606 199
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