Port Fairy, Victoria
2489MF - A RARE COASTAL FREEHOLD WITH AN EXCITING OPPORTUNITY
SOLD
Business Description
- Warning – once you visit here, you will not want to leave.
- Beaches, river, fresh seafood, restaurants, cafes.
- Country markets, festivals, National parks, fishing and sporting events.
- Currently 10 motel rooms and two new two-bedroom apartments.
- One bedroom residence with new kitchen and reception.
- 3,192 m2 block within walking distance to shops and beach/river.
NEWS FLASH! - now with the opportunity to expand and increase your return on investment. STCA - 6 new two-bedroom self-contained apartments can be built on the existing block.
Now this opportunity will not last long, they never do.
Net Profit: $71,204 for 2020/21
Contact Andrew Cronin from Tourism Brokers for further information or to arrange an inspection.
Property ID: 2489MF (quote when enquiring)
Location: Port Fairy is a historic fishing town located on Victoria's far south-west coast on the Moyne river, between Portland and Warrnambool. The main focal point of Port Fairy is the Moyne River as it approaches the coast. Take a walk down to the local port, one of the busiest fishing ports in Victoria, and watch as the fishermen unload their catch of crayfish and abalone. From the wharf you can head out to sea on a guided fishing trip or take a cruise out to the seal colony on Lady Julia Percy Island. Keep an eye out for breaching southern right whales off Port Fairy's coast during the winter months, when the whales come in to mate and calve.
Port Fairy is a town in love with the arts. Peruse the diverse array of boutiques, antique stores, and art and craft shops scattered throughout the town. Get active in the water, and see native animals in the wild, from southern right whales, seals and dolphins to wallabies, kangaroos and emus. Or you can relax and enjoy the fine food and wine on offer at one of the many great pubs, cafes and restaurants.
Property Code: 3811
Business Summary
Key Investment Insights
1. Prime location in the coastal town of Port Fairy, known for its beautiful beaches, river, fresh seafood, and charming local markets and festivals.
2. Well-established business with a loyal customer base and potential for growth.
3. Includes 10 motel rooms, two new two-bedroom apartments, and a one-bedroom residence with a new kitchen and reception.
4. Large 3,192 m2 block within walking distance to shops, beach, and river.
5. Opportunity for expansion and increased return on investment with potential for building 6 new two-bedroom self-contained apartments on the existing block.
6. Net profit of $71,204 for 2020/21.
7. Rare opportunity to own a freehold property in a highly sought-after coastal location.
8. Perfect for an owner-operator or investor looking to capitalize on the growing tourism industry in Port Fairy.
9. Close proximity to popular tourist attractions such as Lady Julia Percy Island and opportunities for various outdoor activities.
10. Strong potential for continued growth and success in the thriving tourism market of Port Fairy.
