Belle Property Commercial Melbourne East is delighted to present For Sale, this iconic freehold and motel business located in the bustling commercial centre of one of Victoria's most beautiful tourist destinations. The current owners have loved being a part of this resilient community and running the Tower Motel and Wine Bar / Caf / Retail shop for over 12 years now but the time has come to pass the baton onto new owners who will not only reap the rewards currently on offer but also build on this exciting opportunity.
Marysville is an area that is consistently growing and this 4 star motel provides the perfect base for tourists & many repeat clientele to explore the thrilling attractions like the Lake Mountain Alpine Resort, the Cathedral Ranges State Park, the Great Victorian Rail Trail and the many thrill seeking mountain bike tracks in the area or to simply enjoy more of the relaxed attractions including various wineries, gin distilleries, parks, walking trails and delicious eateries.
The Tower Motel offers 14 tastefully renovated rooms, a rooftop alfresco area for guests to sit and enjoy a nice glass of wine, a separate caf and gift shop with active liquor licence, a peaceful rear courtyard as well as off street parking for guests. There is also a fully self-contained manager's residence that includes three bedrooms, two bathrooms and a large commercial kitchen space and various living zones. The sale of this popular and profitable property offers the perfect opportunity for astute business and community minded people seeking the ultimate in work / life balance.
Property Features Include:
Freehold and Business for sale
Total Land Area 1097 sqm *
Total Building Area 1046 sqm *
Commercial 1 Zone (C1Z)
14 Fully Renovated / Air-Conditioned Motel Rooms
Large 3 Bedroom Managers Residence with Commercial Kitchen
Rooftop Alfresco Area
Private Rear Courtyard
Caf and Gift Shop with Liquor Licence (Previous Wine Bar)
Off Street Parking
High Exposure Main Street Location
For further information please contact Jarrod Peterson on 0409 408 544.
*Approximately
The size of Marysville is approximately 196.3 square kilometres. It has 9 parks covering nearly 77.6% of total area. The population of Marysville in 2011 was 222 people. By 2016 the population was 387 showing a population growth of 74.3% in the area during that time. The predominant age group in Marysville is 60-69 years. Households in Marysville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marysville work in a managers occupation. In 2011, 89.7% of the homes in Marysville were owner-occupied compared with 78.3% in 2016.
Marysville has 658 properties. Over the last 5 years, Houses in Marysville have seen a 59.30% increase in median value, while Units have seen a 34.10% increase. As at 30 September 2024:
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