Portfolio Overview
The Fund acquired the Central Court Motel in September 2020 for $2,100,000.
The Central Court Motel is a 40 room motel with good size rooms positioned in downtown area and near to beaches in Warrnambool, Victoria. It is the largest city in the Great Ocean Road region and Victoria’s largest city outside of Phillip Bay located 263 km drive to South-East of Melbourne. Warrnambool is a highly liveable and vibrant coastal regional city with a strong track record of steady and sustained population and economic growth.
The property is a leased investment.
| Title | Address | Description |
|---|---|---|
Beach Drive Motel | 581 Raglan Parade, Warrnambool VIC 3280, Australia | 24 Beach Road, Batemans Bay, |