1450 Main Road Eltham VIC 3095

Development / Land
4,557 m²
Sold

SOLD - Eltham Motor Inn

CRE Brokers are pleased to offer this rare opportunity to acquire the Freehold with vacant possession of Eltham Motor Inn. The Motel is offered for sale by Expression of Interest closing Tuesday 28th February 2023

This established single level motel was built in the 1980's and offers a reception / office, 19 accommodation rooms, a conference room / restaurant, a 2 bedroom manager's residence, laundry, guest BBQ and an in ground swimming pool.

The motel is located on busy Main Road about 2 km east of the Eltham shopping centre, in predominantly an established residential area.

Eltham is located about 20 km from the Melbourne CBD and considered easily accessible to the Yarra Valley, and services the accommodation requirements of the Eastern Suburban commercial and tourist visitors.

The motel occupies a large site of approximately 4,557m2 and is zoned
General Residential Schedule 1 (GRZ1).

The motel is offered for sale with vacant possession thereby opening up the possibility of refurbishing the motel for owner operators, or sell off a leasehold motel business or alternatively repurpose the site as a multi residential unit development or development for other uses (STCA).

EXPRESSION OF INTEREST

Closing date and time	28/02/2023 12:00
Recipient name	Ask Agent
Delivery address	Ask Agent

CRE Brokers

U4/10 Lakewood Boulevard

Carrum Downs, VIC 3201

Property Highlights

Date Sold	24 Feb 2023
Floor Area	1 m²
Land Area	4,557 m²
Parking	Ask Agent
Property ID	2018254524
Category	Development / Land Hotel, Motel, Pub & Leisure
Last updated

Map for 1450 Main Road Eltham VIC 3095

Nearest transport* to 1450 Main Road Eltham VIC 3095

Bus

Train

Tram

Ferry

Research Park/Main Rd (Research)	60 m
Research Park/Main Rd (Research)	83 m
Post Office/Main Rd (Research)	375 m
Research Primary School/Main Rd (Research)	592 m

*Within a 4km radius

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CRE Brokers

U4/10 Lakewood Boulevard

Carrum Downs, VIC 3201

Property Highlights

Date Sold	24 Feb 2023
Floor Area	1 m²
Land Area	4,557 m²
Parking	Ask Agent
Property ID	2018254524
Category	Development / Land Hotel, Motel, Pub & Leisure
Last updated

Listed by

Kevin Connolly

CRE Brokers

Call

0412 772 290

More about 1450 Main Road Eltham VIC 3095

1450 Main Road Eltham VIC 3095 is categorized as Land & Development Property. It has a floor area of 1 m² and a land area of 4,557 m². The listing ID for this property is 2018254524.