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EILDON LAKE MOTEL, OPEN FOR BUSINESS ALL YEAR ROUND! - 2494MF

UNDER OFFER

Lake Eildon, only two hours from Melbourne.  A favourite destination for fishermen, bushwalkers, four-wheel drivers, mountain bikers, boaties and lovers of all water sports.

 

It’s been that way since the fifties when Lake Eildon was upgraded to its current storage capacity, equivalent to six Sydney Harbours of water.   The reservoir flows into the Goulburn River and provides security of water for farming and horticulture downstream.

 

A holiday rite of passage for earlier generations of Melburnians, and ready for fresh adventurers today.

 

EILDON LAKE MOTEL.  It’s a boutique motel of 12 rooms with a comfortable three bedroom home under the same roofline, and little competition in town.  It certainly has the high ground.

 

At 32 square metres the rooms are of a size well above guest expectation for a small country motel (or city motel for that matter!).

 

Our vendors have maintained them to a brilliant standard.

 

Those 12 rooms are running an occupancy of just on 50% with a room yield of $150-$180 per night.  Close to seven dollars in every ten of that is yours!

 

This is so easy for a couple to run and priced at not much more than the median price of a suburban Melbourne house.  Primary school in town, secondary school and other excellent schools no more than 20 minutes away.

 

Your own business?   Your own land!

 

Net Profit: $119,854 for 2022/23

 

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

Property ID: 2494MF (quote when enquiring)

Price UNDER OFFER
Location Eildon
Property ID 2494MF
Category Motel

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