BY MOTEL ROOM, ONE OF THE TOP REGIONAL EARNERS - 2468ML

SOLD

Orbost Motel is turning over $700,000 a year. That’s almost $60,000 per room!

With average occupancy over 70%, average daily rate is $160.

Gotta being doing something right!

Even the pandemic brought only limited challenges.

This 15 room motel was fully upgraded just ten years ago. Our vendors have not only maintained the property in tip top condition but added to the amenity. It’s the flagship for high quality accommodation east of Lakes Entrance.

This is a business that could set you up for life! Look at that net profit and multiply by five years.

THERE FOR A GOOD TIME - NOT A LONG TIME.

Net Profit $333,754 FOR 2021/22

Contact Annette Adams and Reg Partington from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2468ML (quote when enquiring)

Location: Explore the heart of Snowy River country from Orbost, a small East Gippsland town. It is an important service centre for what has developed into a major cattle and agricultural district and is also surrounded by coastal rainforests and hinterlands. Orbost's commercial centre is along Nicholson Street and includes two supermarkets, a selection of shops and a few hotels. At the northern end of the commercial centre, at the Salisbury Street roundabout, is a memorial clocktower. As Nicholson Street heads northwards, it breaks out into a wide boulevard with lawns and trees along its central strip. East Gippsland is the major geographic and economic region in eastern Victoria. It covers more than 21,000 square kilometres and stretches from Bairnsdale to Mallacoota on the VIC/NSW border. With its affordable property prices, reliable and stable workforce, excellent infrastructure and clean, healthy and safe environment, East Gippsland has a growing population of 42,000 people, who enjoy its stunning natural environment, mild climate and easy lifestyle.

Price	SOLD
Location	Orbost
Property ID	2468ML
Category	Motel

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TOURISM BROKERS CLIENT CONFIDENTIALITY AGREEMENT

IMPORTANT MESSAGE TO ALL PROSPECTIVE PURCHASERS AND LESSEES

If you are a genuine Prospective Purchaser or Lessee, and you would like to obtain additional information in respect of any listing ofTourism Brokers it is a requirement that you agree to this Confidentiality Agreement below in order to request information on a property. Tourism Brokers will respect the discreet nature of your enquiry, as we do for all our clients.

To: Tourism Brokers Pty Ltd & Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers
Centralised Administration 32 - 34 Lamorna Avenue
Beecroft NSW 2119

Ph: 1300 512 566 (International +61 2 9872 9943)
Fax: 1300 571 479 (International +61 2 9872 1464)

Email: sales@tourismbrokers.com.au

Having declared in general principle, that I/we have a genuine interest in Tourism Brokers listing/s, I/we now request that, in your capacity as broker for the Vendor, you supply us with a copy of a current “Information Memorandum” (the “Memorandum”) or similar, describing the requested listing/s in further detail. I/we undertake that the Memorandum or similar additional information, will be used for no purpose other than to assist me/us in determining whether I/we/our client wish to purchase or lease the said business/property listed. [note, if you are a professional adviser or similar acting on behalf of a client or some third party, you are required to nominate your client’s name below]. I/we agree that the Memorandum and any other information or material made available to us (written, verbal or otherwise) via Tourism Brokers or the Vendor or their Solicitors, will remain strictly confidential.

To maintain the confidentiality of the information and material made available to me/us, I/we agree as follows;

a) The information and material will only be distributed on a “need to know basis” to me/us, our senior executives or directors of our company, and /or professional advisers and financiers to my/our company, and I/we shall take responsibility that all parties involved will be bound to and will adhere to the terms of this agreement.

b) Any copies made of the information and material will only be for the purpose of internal communications and that a system will be instituted to facilitate the recovery of any such copies.

c) To undertake to return all information and material (including any additional copies) toTourism Brokers.

This undertaking shall not apply to information and material that;

a) At the time of provision or disclosure, or subsequently (through no fault of me/us) becomes in the public domain.

b) Was already known to me/us before the date thereof.

c) Is subsequently provided or disclosed to me/us by a third person who has the right to provide or disclose same.

d) Is disclosed by me/us pursuant to any law or order of any court, of any governmental agency or other regulatory body with whose instructions me/us are bound to comply with.

Although I/we understand that Tourism Brokers Pty Ltd, Tourism Brokers (QLD) Pty Ltd trading asTourism Brokers and the Vendor and their Solicitors believe that the material to be provided is accurate to the best of their knowledge, I/we acknowledge that no representation or warranty has been made or given as to the accuracy or completeness of any information or material obtained. I/we agree that neither Tourism Brokers nor the Vendor or their Solicitors have any liability to me/us or any of our advisers or representatives, arising from the selection or use of the information or material by me/us and any associates.