292 Princes Highway, Corio

Corio Bay Motel – High-Exposure Investment with Strong Growth Potential

2322 m2
Contact Agent 0430358353
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Description

Corio Bay Motel – High-Exposure Investment with Strong Growth Potential

Strategically positioned along the Princes Highway, the Corio Bay Motel presents an exceptional opportunity for investors and developers to secure a substantial accommodation asset in one of Geelong’s key growth corridors.

Comprising 25 well-positioned rooms, the property benefits from outstanding visibility as the first motel stop travelling from Melbourne into Geelong. Its prime location also places it in close proximity to Avalon Airport, Victoria’s second-largest airport, enhancing its appeal to both corporate and transient guests.

Set on a generous landholding of approximately 2,323m², the property offers significant upside for future development or expansion (STCA), including the potential to add further rooms and maximise returns.

Key Investment Highlights:

-25-room motel with strong exposure to the Princes Highway
-Established history as a consistently performing accommodation asset
-Current income stream of $175,000 + GST + outgoings
-2-bedroom onsite manager’s residence
-Dining room and commercial kitchen facilities
-Dual street access with ample onsite parking
-Potential for further development or value-add (STCA)
-Ideally located just 9km* from Geelong CBD

Surrounded by major retail centres, reputable schools, sporting facilities, and key infrastructure, the property is well positioned to benefit from continued population growth and economic expansion within the Geelong region.

This is a rare opportunity to acquire a high-profile motel investment with immediate income and long-term upside in a tightly held market.

📞 For further information or to arrange a private inspection, please contact Team One Real Estate -
0430 358 353.

Disclaimer: The Vendor, Agency, or Agent does not guarantee the accuracy of the information provided. All dimensions and details are approximate. Prospective purchasers should undertake their own due diligence including measurements, council approvals, and zoning checks prior to making any decisions.
Due Diligence Checklist available at: www.consumer.vic.gov.au/duediligencechecklist

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