Geelong, Victoria 3220

BLUE CHIP Location in the Heart of Geelong CBD & Freehold - $6.9M (16065)

For Sale | $6,900,000

Hotel Motel

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
Email: jeremy.gao@linkbusiness.com.au

#wesellbusinesses #buyajob

SEMINAR: HOW TO BUY A BUSINESS
Don't know where to start? Want to know what mistakes to avoid when buying a business?
Learn more everything you need to know at our Online Seminars. https://go.linkbusiness.com.au/seminars/

Business Snapshot

Price: $6,900,000 Lease Options: Vendor owns the property

Share



Marketing By


Jeremy Gao

LINK, formerly Klemms

Overview

This Hotel Business is one of 31 businesses for sale in Vic Country, Victoria, and one of 1 Hotel Businesses in this region that a business for sale currently has on offer. This Hotel Business is for sale in Vic Country for the asking price of $6,900,000 and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..