- Just ten well-presented rooms.
- All made over, presenting to a 3.5 star level.
- Education market on your doorstep.
The 'bread and butter' market for this beautiful little motel is servicing the School of Ecosystem and Forest Sciences, part of the University of Melbourne.
Today, this is the only school of its type in Australia and attracts students from every state. Add to this is the very pleasant weekend market of tourists exploring the area, the wineries with Ballarat just a ten minute drive away.
And a well-equipped three bedroom family residence. Creswick has its own schools and of course Ballarat offers the private schools, Federation University and TWA mainstream hospitals.
Buyers are reminded that in Victoria there is no stamp duty on leaseholds, the lessor is responsible for his own land tax, and rent may go down at compulsory market review.
Net profit $95,833 for 2015/16
Contact Reg Partington and Annette Adams from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2497ML (quote when enquiring)
Location: Creswick lies at the heart of the central goldfields, just 16kms north of Ballarat and neighbouring the iconic tourism regions of Clunes, Daylesford, the Hepburn spa country, and the Macedon Ranges.
This historic Victorian gold mining town, cradled between ancient volcanic hilltops, is a picturesque town boasting a resident population of more than 3,000 people. Set amongst majestic eucalypts, Creswick's broad elegantly curved main street is lined with buildings that owe their existence to the region's common benefactor - gold.