UNDER CONTRACT - Lake Bolac Motel - 1P0565

Description

MHB is delighted to present the freehold going concern sale of the Lake Bolac Motel.This is a well-presented eight-room regional motel located directly on the Glenelg Highway. Positioned on a key arterial route approximately one hour from Ballarat, the property benefits from strong east-west traffic between Ballarat and Hamilton, as well as north-south traffic connecting the Grampians, Ararat, Stawell, and Horsham to the Surf Coast, Warrnambool, and the broader Otway region.Key Features:Freehold property and operating business includedEight ground-floor units with Queen, Twin, and Family configurationsEach room fitted with reverse-cycle air conditioning, smart TVs, and bar fridgesRegular asset replacement program ensuring modern guest amenitiesEnsuite bathrooms in all unitsSimple, low-overhead operational model suitable for owner-operator or remote managementStrong highway exposure with consistent passing trafficLocated approximately 1 km from Lake Bolac foreshore13kW solar and battery system installedElectrical infrastructure prepared for potential boiler replacement if requiredRoof replaced during current ownershipScope to increase occupancy and overall turnover through active managementSituated on approximately 3,070m² of Township Zoned landThe property offers clear potential for a capable operator to improve performance and increase occupancy rates. It may also be suitable for remote operation as part of an accommodation portfolio or as a lifestyle business for an owner-operator.Well-appointed owner’s accommodation is included, featuring a private garden area.