Lake Bolac Motel

Lake Bolac Motel

MHB is delighted to present the Freehold Going Concern Business sale of the Lake Bolac Motel.

A well-presented 8-room regional motel located directly on the Glenelg Highway. Strategically located on the main road 1 hour from Ballarat, it captures east west traffic connecting Ballarat and Hamilton and North South Traffic connecting the Grampians, Ararat, Stawell and Horsham to the Surf Coast, Warrnambool and the wider Otway region.

Key Features:

* Freehold property + operating business included.

* 8 ground-floor units: Queen, Twin and Family room configurations.

* Reverse-cycle air-conditioning, Smart TVs and bar fridges in each room.

* Asset replacement cycle keeps each year has keep this business with modern amenities.

* Ensuite bathrooms.

* Easy-run, low-overhead motel.

* Strong highway traffic exposure.

* Located just 1km from the Lake Bolac foreshore.

* 13KW Solar and Battery System.

* Electrics ready for boiler replacement if that was desired.

* Roof replaced on current owner’s purchase.

* Scope to increase occupancy.

* Located upon approx. 3070m2 of (TZ) Township Zoned land

Plenty of scope exists for a shrewd operator to increase occupancy and therefore turnover.

Consider running remotely as an addition to your accommodation, or as a wonderful lifestyle business as an owner operator.

An excellent Owners accommodation exists with a wonderful private garden.

For more information or to make an enquiry, contact Evan Stewart direct on 0421 887 852 or contact the MHB Office on 03 7031 9953.