Unique Motel & Restaurant development opportunity Central Gippsland Vic.

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.