Motel business for sale in Lakes Entrance

Bamboo Motor Inn Lakes Entrance, VIC

Business ID: XB166955

VICTORIA’S PREMIER COASTAL TOURISM DESTINATION ABSOLUTE WATERFRONT FREEHOLD GOING CONCERN MOTEL OPPORTUNITY

Positioned directly on the iconic Esplanade overlooking the stunning Cunningham Arm waterfront, Bamboo Motor Inn presents an exceptional opportunity to secure a fully renovated, high-performing coastal accommodation business together with valuable freehold real estate in one of Victoria’s most tightly held tourism markets. This is more than just a motel acquisition it is a premium lifestyle and investment opportunity offering strong trading performance, established reputation, and outstanding long-term capital growth.

BUSINESS HIGHLIGHTS:

– Absolute marina-front position

– Landmark location in the heart of Lakes Entrance

– Approx. 1,500 sqm landholding (more or less)

– Approximately 4 hours’ drive from Melbourne

– Strong year-round tourism demand

– Fully renovated accommodation

– Strong repeat clientele and online presence

– Easy-to-operate motel business

– Excellent long-term growth potential

PROPERTY HIGHLIGHTS:

– 18 beautifully appointed guest rooms

– Spacious 2-bedroom owner’s residence

– Ensuite accommodation throughout

– Ample onsite parking

– Complimentary Wi-Fi

– BBQ and recreation area Air-conditioning in all rooms

– Flat-screen TVs, Mini-fridges, Tea & Coffee facilities

– Average Occupancy: 74.7% Average Room Rate: $137

– Quarterly Revenue: $159,196 Projected Annual Revenue: Approx. $630,000 p.a.

Ideally positioned opposite the marina and waterfront promenade, Bamboo Motor Inn is within walking distance to cruise boat terminals, cafes and restaurants, retail shopping precinct, tourist attractions & foreshore activities.

An attractive option exists for investors seeking passive income and long-term asset growth. Potential to retain ownership of the freehold, lease the motor business to an operator, & generate attractive rental returns. Based on current trading performance, the property may achieve an estimated rental yield of approximately in range of 6% to 6.5% p.a. approximately.