FOR SALE
EXPRESSION OF INTEREST (EOI)

3300 Princes Highway
Kalimna VIC 3909

Bedrooms: -
Bathrooms: -
Car spaces: 60
Floor area: 7400m2
Land area: 7400m2
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40 UNITS FREEHOLD MOTEL OCCUPYING 7,400 SQM LAND WITH GIPPSLAND LAKES’ MAGNIFICENT VIEWS!

Australian National Real Estate proudly presents this opportunity to invest in a 40-room freehold going concern motel situated on an expansive land of 7,400 sqm (approx.) sitting high on the hill with panoramic ocean views!
An incredibly rare opportunity is waiting for an investor, Owner Motel Operator, Builder, or Developer alike to take this property to the next level (STCA).
The Property is situated approx. a 3-minute drive (1 km) from the famous Lakes Entrance and East Gippsland's beloved coastal destinations occupies the vast eastern corner of Victoria and is rewarded with natural landscapes of unparalleled beauty.
In response to the growing demand for accommodation within the area, the property promises itself to development opportunities, such as a second-floor expansion (STCA). With General Residential - Schedule 1 zoning, there is scope to pursue permanent residential development opportunities (STCA).
40 Room Types: Double Rooms | Family Rooms | Twin Rooms | Quadruple Rooms | Spa Rooms
Motel Rooms facilities: The rooms have air conditioning, LCD TV, refrigerator, electric blankets, and tea and coffee-making facilities and the property offers laundry and free parking.
- Overlooking the famed Gippsland Lakes and the Bass Strait.
- (40) Units of varying configurations and bedding options and spacious, well-appointed Manager’s 2-bedroom Residence, Restaurant, Swimming pool and onsite Laundry.
- 110-seat Restaurant serviced by a fully equipped commercial kitchen (currently not in use).
- Newly installed commercial laundry with commercial washers and dryers
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Property Details for 3300 Princes Hwy, Kalimna

Building Type
Commercial
Floor Size
7400m2
Land Size
7400m2

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About Kalimna 3909

The size of Kalimna is approximately 8 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Kalimna in 2011 was 1,262 people. By 2016 the population was 1,244 showing a population decline of 1.4% in the area during that time. The predominant age group in Kalimna is 60-69 years. Households in Kalimna are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kalimna work in a labourer occupation. In 2011, 77.3% of the homes in Kalimna were owner-occupied compared with 76.9% in 2016.

Kalimna has 839 properties.

    There are currently 36 properties listed for sale, and 2 properties listed for rent in Kalimna on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Kalimna.

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    Alexandra Visic
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