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Enjoy free living, spend your mornings/afternoons fishing, while earning $300K | Resort Brokers ID : FH008760
$2,750,000
Motel (Freehold) hospitality, LAKES ENTRANCE VIC
With an opportunity to settle before Christmas and capitalise on the peak holiday season, this is your chance to secure a thriving coastal business in one of Victorias most visited destinations.
Perfectly positioned on the Esplanade, this high-profile motel enjoys exceptional exposure, strong corporate trade, and constant tourist traffic.
Guests enjoy premium facilities including a solar-heated saltwater pool, barbecue area, and guest laundry. With annual occupancy consistently above 70%, this is a proven performer.
Ideal for both first-time entrants and seasoned moteliers, the business is currently operated by two owners working a combined 60 hours per week, taking home $300K in wages. Its low-maintenance operation leaves plenty of time to enjoy thestunning Gippsland Lakes right at your doorstep.
High customer ratings on leading OTA platforms, a quality website, and Golden Chain affiliation ensure repeat trade and loyal clientele. The property is in excellent condition with no immediate capital expenditure required, offering a lucrative, turn-key opportunity with scope for further growth.
- Freehold Going Concern - own both the business and the land
- 10 keys with diverse configurations, including family, spa, twin, deluxe, and accessible
- Spacious 3-bedroom, 2-bathroom owner's residence with water views
- Prime location on theesplanade - exceptional exposure and tourist traffic
- Outstanding guest facilities including solar-heated saltwater pool, barbecue area, guest laundry
- Occupancy consistently exceeding 70%
- High customer ratings and strong brand loyalty through Golden Chain membership
- 13kW solar system - significantly reduces operational costs
- Recent capex upgrades - new carpets, hard wire mesh Wi-Fi system, driveway concreting, paint work - zero immediate spend required
- Tourism growth - East Gippsland's visitor numbers surged 26% in 2023 to $1.71 milliion (Tourism Research Australia)
- Inspections by appointment only
Date updated: 17 Aug 2025 23:00:03
More Information
- Total Purchase Price: $2,750,000
- Net Income: $ 313,522
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 0
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
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This is the body corporate caretaker salary. It is included in the Net Income above.
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The value of on-title property included with the business. Its price is included in the Total Purchase Price.
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