We have been instructed by our vendor to offer Cardigan Lodge, Ballarat through "Expression of Interest".
You are invited to submit your interest in this property to our office by 5pm Friday 15th December 2017.
Our vendors are realistic in their expectations. They are prepared to consider all offers.
Cardigan Lodge Motel
741 Remembrance Drive
- 27 well proportioned rooms.
- A solid school excursion occupancy base.
- New marketing brings a growing domestic and corporate clientele.
- Currently under management.
- On potentially HIGH WORTH LAND that continues to grow in value.
Net profit $245,000 for 2016/17
Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2496MF (quote when enquiring)
Location: Strategically located in the Central Highlands Region of Victoria, Ballarat is approximately 110km north-west of Melbourne. It is one of the largest inland cities in Australia, with a population of over 88,000 within the municipality.
Ballarat is in a key strategic position at the centre of some of Victoria' s most important freight, tourist and commuter transport routes. The four main highways radiating from Ballarat connect it to Industrial centres such as Melbourne, Adelaide, Geelong and Portland; regional locations like Bendigo and Mildura; and agricultural areas in the Mallee and Wimmera.
Ballarat has traditionally been a city that prospered on mineral and agricultural based resources, however this has changed. Manufacturing, tourism, health and community services, education and retailing are now the key industries in the city. These industries, along with the banking and finance sector and government services are strengthening Ballarat's role as a regional service provider.
Ballarat is one of Victoria's premier tourist destinations attracting visitors for the gold and architectural heritage, parks and gardens, art and cultural activities and as a gateway to western Victoria. Approximately 1.8 million domestic day trip visitors come to Ballarat each year.