251-253 Koroit Street

Warrnambool VIC 3280

Situated on a prime 1137m2 parcel of land, the property comprises motel apartments and suites along with a spacious 3 bedroom owner's/manager's residence. The property has recently been fully renovations and the has with nothing to spend.

Located on the Great Ocean Road, in the largest regional city in Western Victoria, the business attracts a diverse mix of business, tourist and family clientele and delivers an excellent year round cash flow.

The property is currently owner operated by a single person, with casual staff in peak periods. Purchase and operate this business for an above average net profit or purchase the freehold and sell the lease, with excellent annual rental returns guaranteed. Alternatively new owner may wish to outsource the management and keep the profits of the business.

Enquire today, to fully appreciate the unique aspects of this high yielding property/business.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian 'For Sale By Owner' website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.