Lorne is a very popular beach tourist resort town, located on one of the state's most scenic coastal routes, the Great Ocean Road, between Aireys Inlet and Wye River.
The Great Ocean Road is famous along with the 12 apostles. Cafes and boutiques line the main foreshore thoroughfare of Mountjoy Parade, creating a Mediterranean feel to the area. Lorne's wide foreshore area extends from the shops on Mountjoy Parade down to the patrolled sandy beach areas.
You or your clients can walk 50 metres and you are right amongst the main shops and cafes.
That is why the tourists love this motel, for its great location.
This sale includes a 3 bedroom apartment for the managers and a small block of land next door that can be developed further. Also there is another apartment that is let out. and then there are 8 freehold units as part of the package. The sale also includes management rights to another 9 units in the complex which also brings in a healthy income every year.
The return on investment is very healthy.
An inspection will impress and you will love this location.
Final sale price can be negotiated as the Vendor may keep some units to make the sale price lower.
Please contact the agent to discuss further possible opportunities in this motel. Quote MSA 5012 and call Michael NOW !!! or submit an enquiry.
