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7711 Great Ocean Road Princetown, VIC 3269

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7711 Great Ocean Road,
Princetown, VIC 3269

Hotel, Motel & Leisure

Price information

Sale

$1,300,000

Key property information

Land area

Floor area

Car spaces

Property extent

Private inspections

to arrange a private inspection.

Map of 7711 Great Ocean Road

Directions
  • Bus stops within 5 km of 7711 Great Ocean Road, Princetown, VIC 3269Distance
    Old Ocean Rd/Great Ocean Rd (Princetown)1.5 km
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RELAX OR GET INTO BUSINESS

  • High Traffic Area
  • Tourism Potentital
  • Live and Work onsite
With views that extend across farmland, the Gellibrand river and Latrobe creek estuary to the southern ocean, this wonderful and well established property has a prime location that provides unlimited potential for those seeking to capitalize on the volume of tourism traffic generated by the Shipwreck Coast region.
Sited on 5.7 Hectares (14.3 Acre) of land, the 12 Apostles cottages includes 3 accommodation units set amongst gardens and gum trees, looking down the valley to the ocean. The largest unit is farmhouse which is a character two-bedroom home, with a spacious kitchen and living area, and a wide veranda perfect for sitting and enjoying the views. The two cottages, Woop Woop and Tullarook are identical and both offer two bedrooms and kitchen/ meals area and bathroom with shower and vanity. The property also includes a garage/ storage area and a rustic 10x14m corrugated iron shed, which can be accessed directly from the Great Ocean Road and would be ideal to be upgraded to a café or retail space. The property has a rainwater tanks on all buildings and also a 1.5KVa solar system on the shed roof.
The property has been leased to a local tourism operator, who has managed the accommodation business for a number of years. As a result no business figures can be provided to intending purchasers. The property is for sale on a vacant possession basis, allowing you the option to choose if you wish to use the property for personal use, or to operate an accommodation/ hospitality business on the property. Whichever you choose it's a golden opportunity!

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Property ID: 504554032Last Updated: 28 Mar 2024

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7711 Great Ocean Road
Princetown, VIC 3269
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