Prime Main Street Freehold with Multiple Income Opportunities

An opportunity to secure a prominent freehold property with established income, versatile accommodation and exciting scope for the future. For investors looking to add a quality asset to their portfolio, or buyers seeking a property with multiple income possibilities, this offering presents plenty to consider.

Positioned in a prime main street location, the property combines the security of a long-term tenant with approximate annual earnings of $45,000, providing an established income stream from the outset. The freehold title adds to the appeal, offering buyers the opportunity to secure the property itself rather than simply an interest in a business.

Adding another dimension to the investment is a modern one-bedroom dwelling currently configured as Airbnb accommodation. This provides the opportunity for additional income and greater flexibility, appealing to buyers who recognise the value of having more than one potential revenue stream within the same property.

The property's two street frontages are another valuable feature, offering flexibility and scope to explore future opportunities. Whether considering ways to enhance the existing setup, make better use of the available space or investigate further possibilities, the layout provides an exciting starting point for those with a vision.

Looking to the future, the upstairs area presents the potential to be converted into a residence, subject to the necessary council and planning approvals (STCA). This could open the door to a range of possibilities, from creating additional accommodation to further enhancing the property's overall versatility and long-term investment appeal.

The combination of a prominent location, existing tenancy, Airbnb accommodation and potential for further improvement makes this a property with several compelling points of difference. Rather than relying on a single use, buyers have the opportunity to consider how the different elements could work together to suit their investment goals.

Established income, a prime position and opportunities to explore further value - this is a freehold investment with plenty of potential to make it your own. Whether you're an experienced investor looking to expand your holdings or a buyer searching for an asset with future possibilities, this is an opportunity well worth your consideration.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Inspections

Explore the area

View in Google Maps

School catchments

Camperdown College-Brooke Street Combined Government 0.44km
Mercy Regional College Secondary 7-12 Catholic 0.47km
St Patrick's School Primary Prep-6 Catholic 0.65km
Camperdown College Combined Prep-12 Government 0.88km
Cobden Primary School Primary Prep-6 Government 12.1km
Cobden Technical School Secondary 7-12 Government 12.5km
School for Student Leadership-Gnurad Gundidj Campus Secondary Government 18.6km
Noorat Primary School Primary Prep-6 Government 19.5km
Mercy Regional College - O'Keeffe Campus Secondary Catholic 19.5km
Terang College Combined Prep-12 Government 19.6km
St Thomas' School Primary Prep-6 Catholic 20.6km
Simpson Primary School Primary Prep-6 Government 30.2km
Alvie Primary School Primary Prep-6 Government 31.3km
Timboon P-12 School Combined Prep-12 Government 31.7km
St Brendan's School Primary Prep-6 Catholic 32.9km
Derrinallum P-12 College Combined Prep-12 Government 33.1km
Mortlake P-12 College Combined Prep-12 Government 33.5km
St Colman's School Primary Prep-6 Catholic 34.4km
Lismore Primary School Primary Prep-6 Government 35.2km
Trinity College Colac Secondary 7-12 Catholic 40.1km
Lavers Hill K-12 College - Greater Otway Applied Learning School Combined Government 40.8km
Colac Secondary College Secondary 7-12 Government 41.0km
Lavers Hill K-12 College - Barongarook Primary School Combined Government 46.3km
Lavers Hill K-12 College Combined Prep-12 Government 54.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.