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 popular tourist destination in the picturesque Macedon Ranges.
2. Established and successful short-stay accommodation business with proven income stream.
3. Five well-appointed units and a spacious three-bedroom cottage/home, providing flexibility for owner-occupiers.
4. Close proximity to public transport, freeway access, and popular local attractions.
5. Walking distance to cafes, shops, pubs, and a brand-new Coles supermarket.
6. Strong financial performance with potential for further growth.
7. Average occupancy of just 51% in FY23, indicating potential for increased revenue with an engaged operator.
8. Lifestyle flexibility, with the opportunity to live onsite or nearby while running the business.
9. Opportunity to combine home and business in one profitable package.
10. Specialized management rights, motel, hotel, pub, and park experts, providing professional support and guidance.
