Apollo Bay, Victoria
A RIPPER INVESTMENT NOT TO BE MISSED - 2678MI
REDUCED INVESTMENT $3.33M
- A 6 % ROI - better than the bank.
- Fantastic long-term tenants in place.
- 4.5 star superb beachfront with a 9.3 Booking.com rating.
- 12 rooms, luxurious contemporary Bed and Breakfast.
- In the heart of town 5 minutes walk from restaurants and shopping.
- A busy tourist’s destination within the Great Ocean Road .
- Tesla charging station.
- Restaurant and function area.
20 minutes drive from the Otway National Park, this is an excellent opportunity to get amongst the strong tourist trade of the Great Ocean Road. The international borders are getting set to welcome visitors back to this popular region, so now is the time to invest in this fantastic property .
Annual Rent: $200,000 plus GST
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2678MI (quote when enquiring)
Location: Apollo Bay is midway along the majestic Great Ocean Road, in the shelter of Cape Otway, and on the lowest slopes of the Otway ranges. Valleys just a few kms out of town are full of rainforest, streams, waterfalls and fireflies. The hills are occupied by artists, holiday makers and beach lovers. Life is an adventure in Apollo Bay with protected bays to swim, endless Great Otway National Park trails to blaze and a hearty meal of local food and wine waiting for you upon return.
Property Code: 4146
Key Investment Insights1. The property has a high return on investment (ROI) of 6%, which is better than the returns offered by banks.
2. The property has long-term tenants in place, providing a stable source of income.
3. The property is a 4.5 star beachfront accommodation with a high rating of 9.3 on Booking.com, indicating its popularity among tourists.
4. The property has 12 luxurious and contemporary rooms, making it an attractive option for visitors.
5. The property is conveniently located in the heart of town, within walking distance to restaurants and shopping.
6. The property is situated in a busy tourist destination, the Great Ocean Road, ensuring a steady flow of visitors.
7. The presence of a Tesla charging station adds to the property's appeal and convenience for guests.
8. The property also has a restaurant and function area, providing additional revenue streams.
9. The property is only 20 minutes away from the popular Otway National Park, making it an ideal base for tourists to explore the region.
10. With international borders set to reopen, now is the opportune time to invest in this property and capitalize on the strong tourist trade in the area.