11&13 Bishop Street, Kyabram, Victoria

Kyabram Boutique Accommodation - 1P5918

FHGC - $1,495,000

Business Description

CRE Brokers proudly presents Kyabram Boutique Accommodation to the market.

Nestled on a corner block spanning approximately 830 square meters, this property showcases an enchanting red brick Edwardian home along the main street frontage. Beautifully renovated, the interior of the apartments exudes high-end quality, providing luxurious accommodations for the most discerning travellers.

Comprising of four apartments with diverse configurations, this freehold property provides astute buyers with versatile options. Whether you choose to move in and make this exquisite property your home while enjoying a consistent income from three additional apartments or leverage all four for short-stay accommodations, the possibilities are enticing.

Kyabram Boutique Accommodation operates seamlessly with secure locked boxes facilitating guest arrivals, eliminating the need for an onsite manager. The low-maintenance grounds further enhance the appeal of this property.

While the current owners currently reside on-site, utilising the main residence for personal use, there is significant growth potential for Kyabram Boutique Accommodation. Expanding the booking platforms to include larger networks such as Expedia and booking.com, and integrating a channel manager, promises increased revenue and the elevation of this business to the next level. Notably, there is a robust demand in the Kyabram area for longer-term accommodations from both local industries and tourism.

Situated in the heart of the Murray Goulburn region, just 30 minutes from Echuca and Shepparton, Kyabram Boutique Accommodation is a compelling opportunity that should not be missed. Schedule an inspection today; it is sure to exceed expectations.

Business Summary