Coal Creek Motel delivers a secure freehold passive investment in Korumburra, South Gippsland's only motel, offering 26 keys on a substantial 6,782 sqm landholding just 90 minutes from Melbourne.
With 13 years of lease tenure remaining and options extending to June 2039, this investment provides stable, tenanted income with minimal landlord involvement, backed by recent capital improvements, including a new roof that protects the asset's integrity.
The property benefits from a protected market position, serving consistent corporate and leisure demand, while the tenant-operated licensed restaurant diversifies income streams without adding operational burden.
Strategic flexibility distinguishes this opportunity, with the landlord holding first right of refusal on the tenant's leasehold interest, providing control over future ownership transitions and potential pathways to restructure or extend the investment.
The generous landholding offers ample parking and includes a three-bedroom owner's residence, adding further value and optionality. For investors seeking property-backed security, long-term income certainty, and strategic control in a stable regional accommodation market, Coal Creek Motel presents a compelling freehold opportunity.
Interested? Why not give Chris Boschetti a call on 0428 812 434 or chrisb@resortbrokers.com.au