40 Room Leashold Motel In Lakes Entrance For Sale

Business description

Econolodge Absolute Lakes Entrance Motel situated in Lakes Entrance, 5 mins drive to the town center. It has 39 motel rooms combining Queen Room, Triple Room, Quad Room, Spa Room, Family Suite and Family 2 Bedrooms. All the rooms have great views of lakes and ocean, which makes it an ideal look out place for travellers to relax and refresh themselves.

Econolodge Absolute Lakes Entrance Motel has its own onsite restaurant ( now leased at $4000.00 per month) providing great Asian and Australian buffet for breakfast, lunch and dinner to satisfy different needs of guests from different countries. Besides, there are various public facilities in the motel including BBQ area, Swimming Pool, Conference Room and Café.



The staff in Econolodge Absolute Lakes Entrance Motel is very friendly and they accept different languages like English and Chinese. You will feel the warm and inviting atmosphere since the moment you arrive.

Families, groups, overseas travellers and coaches are all welcomed.

ALL ROOMS REFURBISHED WITH AIR COND , FLAT SCREEN TV'S , NEW BEDS

Property information

Real Estate:

Lease

Leasehold rent:

$150,000 per annum

Living accommodation:

Sep three bedroom

Premises details:

Motel

Planning consent:

Motel

Business Operation

Expansion potential:

Yes coach trade

Competition / Market:

yes

Years established:

28

Other information

Support & training:

yes if needed

Furniture / Fixtures value:

$350,000 (included in the asking price)