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Bellevue, 5/142 Marine Parade Lakes Entrance, VIC 3909

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Bellevue, 5/142 Marine Parade,
Lakes Entrance, VIC 3909

Hotel, Motel & Leisure

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Map of Bellevue, 5/142 Marine Parade

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OFFERING AN 8% RETURN

This excellent two bedroom freehold accommodation investment is truly unique.

Located within the Bellevue on the Lakes Complex in the tourist destination of Lakes Entrance, this opportunity presents a strong investment opportunity whilst being situated across from the waterways of Lakes Entrance and the iconic Ninety Mile Beach.

Being offered for sale on a extremely attractive Management Rights agreement to a proven and well known national accommodation operator. The Management Rights terms and conditions are:
Initial minimum payment: $18,000 per annum plus GST (if applicable) and outgoings.
Initial term of agreement: 10 years
Further terms of agreement: 8 further terms of 5 years each

In addition to the above, there is the potential to earn more than the minimum payment (depending on the books/performance of the unit).

Additional information

Property ID: 502635706Last Updated: 21 Aug 2020

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Bellevue, 5/142 Marine Parade
Lakes Entrance, VIC 3909
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