Ocean Grove, Victoria

Coastal Luxury Accommodation | Resort Brokers ID : FH007022

$5,900,000

Property Description

This is your chance to secure the freehold to a boutique business with 15 luxury rooms, located in the heart of Ocean Grove, one of the Bellarine Peninsula’s most vibrant and scenic towns. This easily run business provides an unprecedented opportunity for a savvy investor. Currently managed by local owners, this business is versatile with little work to do and there is no requirement to live on-site.



  • 15 immaculate apartments - no more to spend

  • Easy to run boutique business

  • Minutes from Ocean Grove Surf Beach

  • Outstanding location - 1.5hrs from Melbourne via 2 ferry options or direct road route

  • Repeat business with little competition in a sought-after area

  • Capitalise on tourism boom in the area

  • Versatile unit configuration, catering for a range of clientele

  • A short drive from the Great Ocean Road and Otways

  • Net Profit Year 3 -$581,142 proj.

  • Inspections are by appointment only




Drone
3D Video


Date updated: 23 Jan 2022 22:00:10

Property Summary

Business Snapshot

Price: $5,900,000 Net Profit: $581,142

Motel Information

Marketing Agent
David Jefferies
David Jefferies

Listing location
Gallery

Enquire Now

Thank you, your enquiry has been sent now.

Listing Tools

Management Rights

Receive new listing alerts

Sign up
Similar Properties

You may also like

Sought after leasehold motel business in Mid North Coast regional centre
Swansea Motor Inn - 1P5411
Only 750m to this Sunshine/Cooloola Coast City's Major Hospital - 1P5442M
RESORT OPPORTUNITY ABSOLUTE BEACHFRONT!! 457K Net profit.
SAPPHIRE COAST LEASEHOLD MOTEL WITH MAGNIFICENT VIEWS | Resort Brokers ID : LH007076
Waterfront Off The Plan MR on the Redcliffe Peninsula - $338K projected net | Resort Brokers ID : OTP007090
Bullet proof Warwick performer | Resort Brokers ID : LH007088
High performing holiday letting business in boom Southern GC location! | Resort Brokers ID : MR007084
1838ML - GATEWAY TO THE GRAMPIANS GEM
27 High Quality Rooms with Huge 3 Bedroom/2 Bathroom Residence Overlooking the Golf Club Fairways - 1P5440M
STUNNING MANAGEMENT RIGHTS COMPLEX IN THE HEART OF MOOLOOLABA.
Outstanding 25 room Freehold Motel in Biloela | Resort Brokers ID : FH007086
New Lease on Large Tourist and Cabin Park in a popular tourist destination | Resort Brokers ID : LH007083
Brand new 30 yr lease - 41 room fully refurbished regional motel and restaurant | Resort Brokers ID : LH007078
Fully refurbished, 41 Room Freehold Motel located in major regional centre in SA | Resort Brokers ID : FH007077
Business For Sale - The Perfect Beachside Location - ID 9042 BL
Business For Sale - Rare Opportunity in Prime Location - ID 9043 BL
UNIQUE MANAGEMENT RIGHTS IN HERVEY BAY WITH SOLID ROI | Resort Brokers ID : MR007060