If you're looking to invest in a high quality accommodation business, this leasehold opportunity in Geelong should be on your must-see list.
Parkwood Motel & Apartments is a AAA Star Gold Listed Australian Accommodation Property, with an outstanding reputation.
Established in 1970, and superbly updated with all modern conveniences, Parkwood offers a range of accommodation to suit all budgets.
12 Twin rooms, 2-bedroom apartments, and a 3-bedroom house
Specialises in short or long stay, corporate, and group bookings
Lovely outdoor swimming pool surrounded by central grounds
WiFi, Foxtel, BBQ and laundry
Ample parking for all-sized vehicles
Close to restaurants, supermarkets, takeaways; opposite Geelong Golf Course
TripAdvisor Certificate of Excellence
Current owners in place since October 2013
Parkwood Motel & Apartments enjoys excellent year-round business, due to its wide range of accommodation, from comfortable twin rooms to a fully self-contained, 3-bedroom house, which can sleep up to 10 guests.
Geelong is currently enjoying a surge in visitor numbers, with local wineries, restaurants, and cafes reporting increased business.
Around 75km from Melbourne, Geelong offers great shopping and entertainment, regular international events, and easy access to major attractions, including the Great Ocean Road.