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Motels for Sale in Portland, VIC

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Motel
PORTLAND, VIC
COASTAL INVESTMENT NOT TO BE MISSED - 2581MI
Portland, VIC, 3305
Accommodation/tourism · Motel
INVESTMENT $1,700,000
INVESTMENT MOTEL - A fantastic opportunity to invest in a popular coastal town so close to the beach. - Currently Leased out to new tenants, with 14 years remaining. - A large size block of land with side access of 4,054 m2. - Zoned General Residential - Schedule 1. - A 16 room motel with two bedroom residence, commercial kitchen and large dining/conference area. - Rental of $90,000 per annum plus GST. Solid investments like these are rare, so contact Michael Philpott at Tourism Brokers for more information or to organise an inspection. Property ID: 2581MI (quote when enquiring)Property Code: 4842
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