Woodend, Victoria
Live, Earn and Enjoy in the Heart of Woodend
$1,800,000 - Freehold
Business Description
Set on a peaceful side street in central Woodend, The Dickins comprises five well-appointed units and a spacious three-bedroom cottage/home — ideal for owner-occupiers looking to live onsite or nearby while reaping the rewards of a proven income stream. Whether you're planning your retirement, making a lifestyle change, or stepping onto the property ladder, this is a turnkey business that pays you to live in one of Victoria's most picturesque regions.
Welcome to The Dickins — an exceptional opportunity to live onsite and earn a strong residual income in the heart of the stunning Macedon Ranges. Located just 400m from the Woodend train station and bus exchange, and moments from the freeway to Melbourne, this thriving short-stay accommodation business is perfectly positioned for both lifestyle and profitability.
Enjoy the convenience of being within walking distance to cafes, shops, pubs, and a brand-new Coles supermarket. Explore nearby attractions such as Hanging Rock, Mt Macedon gardens, scenic walking and biking trails, wineries, and family-friendly playgrounds.
Financial Snapshot:
• FY24 Turnover: $183,000 | Profit: $92,000
• FY23 Turnover: $226,000 | Profit: $117,000
• Average occupancy just 51% in FY23 — plenty of room for growth with an engaged operator
With strong foundations, lifestyle flexibility, and significant income upside, The Dickins offers the rare chance to combine home and business in one beautiful, profitable package.
**Ras360 – Specialists in Management Rights | Motels | Hotels | Pubs | Parks**
Business Summary
Key Investment Insights
1. Prime location in the heart of Woodend, a picturesque and popular region in Victoria.
2. Proven income stream with strong financial performance and potential for growth.
3. Five well-appointed units and a spacious three-bedroom cottage/home, offering flexibility for owner-occupiers.
4. Located just 400m from the Woodend train station and bus exchange, with easy access to Melbourne.
5. Walking distance to cafes, shops, pubs, and a brand-new Coles supermarket.
6. Close proximity to popular attractions such as Hanging Rock, Mt Macedon gardens, and wineries.
7. Financial snapshot shows consistent turnover and profitability.
8. Average occupancy of just 51% in FY23, indicating potential for growth with an engaged operator.
9. Lifestyle flexibility for owner-occupiers looking to live onsite or nearby.
10. Opportunity to combine home and business in one beautiful and profitable package.
