Cowes, Victoria
Management & Letting Rights - Phillip Island Apartments Group
$1,980,000
Business Description
- Victorian Premier Tourism Hub
- 30 out of 31 apartments in the letting pool
- Bespoke designer complex
JLL Hotels & Hospitality Group is delighted to exclusively offer for sale the Management & Letting Rights with Phillip Island Apartments Group, a commanding investment positioned in the heart of Cowes on Phillip Island, Victoria.
This unique offering presents a strategic opportunity to acquire a premium management rights business and the 3 bedroom managers residence / office. The flagship Victorian tourism destination with world-class attractions, serves as a leading nature-based tourism destination.
Key investment highlights include:
- Victoria's Premier Tourism Hub – Phillip Island commands over 3.3 million annual visitors as the state's most tourism-dependent region.
- Market-Leading Position – Unified letting rights across 47 dedicated holiday accommodation lots spanning three properties.
- 30 of 31 apartments in primary Phillip Island Apartment complex demonstrating exceptional owner confidence and operational strength.
- High-Growth Investment Landscape – Benefit from Phillip Island's transformation into a year-round wellness and luxury destination with the 2026 Phillip Island Hot Springs project, supported by a $250m+ infrastructure investment pipeline and over $13 million in government funding currently enhancing key visitor precincts.
The Phillip Island Apartments Group is available For Sale via Private Treaty.
Please contact the exclusive agents for further detail.
Business Summary
Key Investment Insights
1. Victoria's premier tourism hub, Phillip Island attracts over 3.3 million annual visitors, positioning the asset in a highly tourism-dependent region.
2. Market-leading position, unified letting rights across 47 dedicated holiday accommodation lots spanning three properties.
3. Strong operational performance signal, 30 of 31 apartments in the primary complex are in the letting pool, indicating high owner confidence.
4. Sale includes Management & Letting Rights plus the 3-bedroom managers' residence and office, enabling owner-operator continuity.
5. Bespoke designer complex, offering premium product quality that supports higher nightly rates and guest appeal.
6. Prime Cowes location in the heart of Phillip Island, close to world-class nature-based attractions and visitor precincts.
7. Clear growth catalysts, the 2026 Phillip Island Hot Springs project and a $250m+ infrastructure investment pipeline underpin future demand.
8. Direct government support, over $13 million in funding currently enhancing key visitor precincts, reducing development risk.
9. Positioned as a year-round wellness and luxury destination, creating opportunities to extend occupancy beyond peak seasons.
10. Exclusive sale via JLL Hotels & Hospitality Group, offered by private treaty, facilitating a discreet transaction process.
