Rosebud, Victoria

2411ML - JUST TWELVE ROOMS DOWN BY THE SEA - EXCELLENT

SOLD

Business Description

LONG LEASE, FRIENDLY RENT.
A STRONG SEASIDE PERFORMER ALL YEAR ROUND.
EASILY RUN BY A COUPLE WHO WANT A LIFE AS WELL.
RICH LIFESTYLE WITH A LOVELY INCOME.
CAN'T COMPLAIN ABOUT THAT.

There's more upside to come in this little gold mine. Be part of Melbourne's love affair with Port Phillip Bay. Little competition, little price resistance. It's like being on holiday all year round - yet the city is only an hour away. Come on down.

Call me. Just call me.

Net profit $224,000 for 2014/15

Contact Reg Partington from Tourism Brokers for further information or to arrange an inspection.

Property ID: 2411ML (quote when enquiring)

Location: Rosebud VIC

Rosebud Nestled between Rye and Dromana on the Nepean Highway, is part of the Mornington Peninsula which is located just over an hour's drive away from the city, on Melbourne's 'doorstep', and is often described as Melbourne's playground. It is the most popular informal recreation area in Victoria.

Rosebud's commercial centre stretches along one side of about a 2 kilometre length of Point Nepean Road, with some shops separated from this wide thoroughfare by a service road. The shopping precinct features attractive garden strips, paved areas and several wood carvings of notable local identities from the past. At the western end of the commercial strip is the large Rosebud Plaza Shopping Centre, while towards the eastern end is the smaller Rosebud Beach Shopping Centre, Rosebud Central Shopping Centre and local cinema complex.

Rosebud provides safe swimming beaches along its continuous stretch of sandy bay coastline, with the focal point being Rosebud Pier which it located opposite Jetty Road and extends about 300 metres into the water.

A notable feature of Rosebud's bay foreshore is a lack of commercial development. Most of the area between the coastal route of Point Nepean Road and the beach consists of community facilities, parkland and camping areas within sections of bushland.

Property Code: 1690

Business Summary

Marketing Agent

Reg Partington

0407 41....

Tourism Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Strong seaside location with consistent year-round performance.
2. Long lease and friendly rent provide stability and potential for growth.
3. Easily run by a couple, allowing for a rich lifestyle with a good income.
4. Little competition and price resistance in the area.
5. Located only an hour away from Melbourne, providing a perfect balance of city and coastal living.
6. Net profit of $224,000 for 2014/15.
7. Potential for further growth and development.
8. Located in popular tourist destination with a strong reputation.
9. Safe swimming beaches and lack of commercial development in the area.
10. Close proximity to shopping centers and community facilities.
11. Potential to capitalize on Melbourne's love affair with Port Phillip Bay.
12. Property ID: 2411ML.