Large-scale, long leasehold in the Great Ocean Road’s biggest city

Description

Large-scale, long leasehold in the Great Ocean Road’s biggest city On offer is an outstanding opportunity to secure the leasehold interest of a premium full-service accommodation venue in the beautiful beachside city of Warrnambool, setting the benchmark with multiple strong income streams. Rarely offered 47-year lease (including 9 x 5-year options) Central location with a massive street frontage Diverse business with multiple income streams 61 well-appointed rooms across multiple configurations Operate as a “hands on” concern or continue under management Popular restaurant, bar and lounge caters to guests and general public Versatile fully equipped function centre can cater up to 300 guests includes a dedicated kitchen Fully refurbished interior & exterior in recent years 2022 HotelsCombined “Recognition of Excellence” Award Inspections by appointment only