Rare opportunity to purchase a niche style accommodation business in a developing part of the Mornington Peninsula. This purpose built development of 8 individual townhouses occupies an enviable position in the heart of McCrae. This burgeoning Bayside location continues to outperform its neighbours with significant capital growth forecast as a consequence of the soon to be completed Frankston Bypass extension of the Eastlink Freeway. The seaside village atmosphere of McCrae with it’s pristine beach, cafe strip, Yacht & Surf Life Saving clubs is a welcoming tourist Mecca just one hour from Melbourne.
To be sold as a going concern the operating business showing a growing level of occupancy, all of the improvements and the fully fitted townhouses are available on a “walk in walk out” basis. 6 x 3BR, 2 x 2BR townhouses completed in 2010 are impeccably presented with quality fixtures and fittings, furnished and provisioned for ongoing rental returns throughout the year. A full inventory of inclusions plus a statement of income to date will be provided to interested parties upon application to the agent involved. Buy the business to become your own boss or look to on sell the management rights and reap the returns, the choice is yours.
Agents in Conjunction:-
Harcourts Dromana – Mike O’Neill 0428 548 201
Jones Lang LaSalle – Dominic Gibson 0409 366 941 or Marty Fallon 0431 600 188