EXCLUSIVE TO MHB
Freehold VIC Motel For Sale
Offers over $1.5M invited from motivated vendor!
The Eildon Lake Motel is conveniently located in the middle of the Eildon township only metres from the Eildon Pondage, close to the shores of Lake Eildon, one of the largest artificial lakes in Victoria, boasting over approx. 500 kms of coastline.
Originally purposed for irrigation and electricity generation, near-by Point Dethridge houses a major boat ramp. The Lake is a mecca for watercraft including jet skis, power boats and houseboats, kayaking, canoeing, camping, and fishing.
The motel features 12 well-presented rooms with TV, internet, microwave, fridge, aircon, small dining table and kettle plus the bonus bells and whistles of a swimming pool, undercover BBQ area with gas BBQ and pizza oven. One guest wrote "Eildon is God's country with plenty to see and do including water sports, fishing and hiking. We are making this an annual event".
This family owned and operated motel is situated on a quiet service road and is close to local shops and services in the centre of town.
Key Features:
* 12 well-presented rooms with TV, internet, microwave, fridge, aircon
* Swimming pool, undercover BBQ area with gas BBQ and pizza oven
* Located a short 2-minute walk from the local shopping centre
* Boat storage area with parking for 5 6 Boats
* 78 x solar panels, a 28.8 KW system
* 3 x bedroom, two storey family residence
* Continuous renovations and refurbishments across the property
* Huge development opportunity
Ideally located overlooking the Pondage with Lake Eildon a short drive away, fishing and boating are the obvious attractions in the area. Other activities include golfing, horse riding, 4wd drive tracks, hiking, bushwalking, canoeing, rafting, water skiing and cross-country and downhill skiing in winter with Lake Mountain and Mt Buller within driving distance.
An ideal opportunity to combine income and lifestyle within a spectacular setting.
Contact Kamal Sharma on 0417 008 672 for more details and to arrange an inspection.
The size of Eildon is approximately 513.2 square kilometres. It has 17 parks covering nearly 89.4% of total area. The population of Eildon in 2016 was 974 people. By 2021 the population was 944 showing a population decline of 3.1% in the area during that time. The predominant age group in Eildon is 60-69 years. Households in Eildon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Eildon work in a trades occupation.In 2021, 69.20% of the homes in Eildon were owner-occupied compared with 62.20% in 2016.
Eildon has 807 properties. Over the last 5 years, Houses in Eildon have seen a 15.46% increase in median value, while Units have seen a 60.41% increase. As at 31 January 2026:
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