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Address available on request Eildon, VIC 3713

Address available on request,
Eildon, VIC 3713

Hotel, Motel & Leisure

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EILDON LAKE MOTEL, OPEN FOR BUSINESS ALL YEAR ROUND! - 2494MF

Lake Eildon, only two hours from Melbourne. A favourite destination for fishermen, bushwalkers, four-wheel drivers, mountain bikers, boaties and lovers of all water sports.

It’s been that way since the fifties when Lake Eildon was upgraded to its current storage capacity, equivalent to six Sydney Harbours of water. The reservoir flows into the Goulburn River and provides security of water for farming and horticulture downstream.

A holiday rite of passage for earlier generations of Melburnians, and ready for fresh adventurers today.

EILDON LAKE MOTEL. It’s a boutique motel of 12 rooms with a comfortable three bedroom home under the same roofline, and little competition in town. It certainly has the high ground.

At 32 square metres the rooms are of a size well above guest expectation for a small country motel (or city motel for that matter!).

Our vendors have maintained them to a brilliant standard.

Those 12 rooms are running an occupancy of just on 50% with a room yield of $150-$180 per night. Close to seven dollars in every ten of that is yours!

This is so easy for a couple to run and priced at not much more than the median price of a suburban Melbourne house. Primary school in town, secondary school and other excellent schools no more than 20 minutes away.

Your own business? Your own land!

Net Profit: $119,854 for 2022/23

Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2494MF (quote when enquiring)

Property Code: 4865

Additional information

Eildon, 3713 demographic data

The median household income for Eildon is $932, 33% lower than Regional Victoria's household income of $1,386. Eildon has an older age profile compared to the rest of Regional Victoria (median age 56 vs 43). Property ownership data shows 32% of property owners in Eildon have a mortgage.

944
Population
$932 per week
Median household income
56 years
Median age
Owners
Most residents
Families
Most households
realcommercial.com.au logo
Address available on request
Eildon, VIC 3713
Tourism Brokers - NSW, QLD, VIC & TAS
Centralised Administration: 32 Lamorna Ave
BEECROFT, NSW 2119

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