FREEHOLD - Lake Bolac Motel - 1P0565

Description

FREEHOLD GOING CONCERN | LAKE BOLAC MOTEL | 8 ROOMSMHB is delighted to present the Freehold Going Concern sale of the Lake Bolac Motel, a well-presented regional motel positioned directly on the Glenelg Highway.Strategically located approximately one hour from Ballarat, the motel benefits from strong east-west traffic connecting Ballarat and Hamilton, as well as north-south traffic linking the Grampians, Ararat, Stawell and Horsham with the Surf Coast, Warrnambool and the wider Otway region.The sale includes both the freehold property and operating business, providing an attractive opportunity for an owner-operator, lifestyle investor or accommodation operator seeking an established, low-overhead asset.Key Features* Freehold property and operating business included.* 8 ground-floor accommodation units.* Room configurations include Queen, Twin and Family rooms.* Reverse-cycle air-conditioning in every room.* Smart TVs and bar fridges in all rooms.* Ensuite bathrooms.* Well-maintained property with ongoing asset replacement and upgrades.* Easy-to-operate, low-overhead business model.* Prominent highway position with excellent passing traffic exposure.* Located approximately 1km from Lake Bolac foreshore.* 13kW solar and battery system.* Electrical infrastructure in place for potential boiler replacement.* Roof replaced under the current ownership.* Approximately 3,070m² of Township Zoned land.* Scope to increase occupancy and improve turnover.* Excellent owner's accommodation with a private garden.The motel provides a straightforward operating model with significant potential for an astute operator to increase occupancy and revenue through targeted marketing, improved online distribution and broader engagement with passing highway traffic.The property could also be operated remotely as an addition to an existing accommodation portfolio, or developed as a lifestyle business for an owner-operator seeking a regional income-producing asset.With freehold ownership, established accommodation infrastructure, low operating overheads and clear opportunities for improved occupancy, the Lake Bolac Motel represents an attractive regional accommodation investment.