Gippsland REGION
RARE AND EXCITING FREEHOLD GROUP ACCOMMODATION BUSINESS IN PRIME TOURIST DESTINATION.
SOLD
Business Description
Price Reduced To Sell ! 15 Acre Freehold Accommodation Property within 2 hours of Melbourne For Sale
Well maintained and impressive site at below replacement value offers from $3.9 million WIWO
Estimated cost to replace buildings and infrastructure at above $8 million excluding the cost of the land.
Due to owners' retirement, this freehold opportunity is now available for sale at a price substantially below replacement value.
The site is currently setup as a group accommodation business with 300 beds, and will be suitable to continue "as is" or for alternative use by:
• Community or corporate group as a retreat
• Shared retreat by several friends/family members
• Special purpose accommodation for interest groups
• Health retreat
Highlights:
• Within 2 hours drive from Melbourne
• 15 acres set within a small town setting
• Sealed roads with plenty of parking spaces
• Extensive buildings with multiple accommodation styles for up to 300 guests
• Fully equipped commercial kitchen
• Additional infrastructure for multiple outdoor and sports activities
• Self-contained manager's residence
• Well connected to town utilities including electricity, water, and sewage services
• Multiple income producing opportunities
With its strategic location and purpose-built infrastructure, the site offers great value and flexibility for those seeking a fully operational property that is close to Melbourne.
Information package is available for interested parties after the signing of a confidentiality agreement. Asking price: from $3.9 million
Contact Brett Bowden ----------
Business Summary
Key Investment Insights
1. Prime location within 2 hours of Melbourne.
2. Well-maintained and impressive site at below replacement value.
3. Potential for multiple income streams.
4. Strategic location with easy access to town utilities.
5. Purpose-built infrastructure for group accommodation.
6. Suitable for various uses, including retreats, health retreats, and special interest groups.
7. Fully equipped commercial kitchen.
8. Additional infrastructure for outdoor and sports activities.
9. Self-contained manager's residence.
10. Opportunity for alternative use by community or corporate groups.
11. Sealed roads and ample parking space.
12. Extensive buildings with multiple accommodation styles.
13. 15 acres of land within a small town setting.
14. Well-connected to town utilities including electricity, water, and sewage services.
15. Information package available for interested parties after signing confidentiality agreement.