A brand new lease direct from the Owners is now available. A very fair commencement rental of $160,000 + GST is proposed with a market review available every 5 years.This motel has the hallmark of a property whose Owner's have taken exceptional pride in its development. Careful attention has been paid to the standard of fit-out and presentation.Situated on around 3 acres with Princes Highway frontage, this property is well suited to the consistent demand of corporate trade.Recent improvements include the extension of the licensed restaurant, the refurbishment of some motel units and a new shed"that has to be seen to be believed".The location, apart from being the busy commercial hub of East Gippsland, offers ready access to the magnificent Gippsland Lakes system.33 ground units, 3.5 star ratedLicensed restaurant seats 80 guests with cocktail barConference room adjoins restaurant3 bedroom Owner's residenceConsistent corporate tradeLarge in-ground poolEnjoys excellent trade with significant upside to implement website and internet bookingsOpportunity knocks! Adjusted Net:$250,072 (average last 3 years)Turnover:$807,485